Flex Building with
For Sale
$1,500,000
951 S LA BREA, Inglewood, CA 90301
Open-span commercial space with a glass storefront, polished floors, and private rear access for parking and loading.
Property Size3,840 SF
Price / SF$271.30
Days on Market52
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 951 S LA BREA
General Information
Standard status
Active
Size
3,840 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Mezzanine
1,689 SF
Building Details
Building Size
3,840 SF
Year Built
1952
Buildings
1
Construction
tilt-up concrete, brick masonry
Listing Agency:
SoCal Homes, Inc.
Listed By:
David Leung · License #01923098
Source:
Truthrealty
Added: Aug 25
Changed: Oct 7
Last Checked: Oct 15 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SoCal Homes, Inc.
Investment Insights
Based on property information with market context.
This flex property combines durable concrete tilt-up and brick masonry construction with an adaptable interior arranged across a 3,840-square-foot ground-floor footprint and a 1,689-square-foot perimeter loft and mezzanine. The building offers 5,529 square feet in total, with open-span areas, exposed bow-truss and wood-rafter ceilings, strip LED lighting, polished floor finishes, and mezzanine walkways along the perimeter. A full glass storefront faces South La Brea Avenue, while the paved rear yard supports private parking and loading through the rear alleyway.
The property is located at 951 S La Brea Avenue in Inglewood and is zoned INC5YY, identified as Inglewood Heavy Commercial / Regional Business. Regional destinations and transportation resources cited for the property include SoFi Stadium, Intuit Dome, Hollywood Park, Downtown Inglewood, and the Metro K Line.
The property is located at 951 S La Brea Avenue in Inglewood and is zoned INC5YY, identified as Inglewood Heavy Commercial / Regional Business. Regional destinations and transportation resources cited for the property include SoFi Stadium, Intuit Dome, Hollywood Park, Downtown Inglewood, and the Metro K Line.
Key Highlights
- 5,529 SF total interior space, including a 3,840 SF ground‑floor footprint and 1,689 SF loft/mezzanine
- INC5YY zoning: Inglewood Heavy Commercial / Regional Business
- Concrete tilt‑up and brick masonry construction completed in 1952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,431
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,368,620
$2.4M
Cap Rate 7%
$1,691,871
$1.7M
Cap Rate 9%
$1,315,900
$1.3M
Market Conditions
NOI Build-Up for 5,529 SF
Gross rent
$185.8K $33.60/SF
− Vacancy
−$27.9K −$5.04/SF
EGI
$157.9K $28.56/SF
− OpEx
−$39.5K −$7.14/SF
NOI
$118.4K $21.42/SF
Area
Inglewood, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,368,620
Cap Rate 7%
$1,691,871
Cap Rate 9%
$1,315,900
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.33M
NOI $139,756 @ 7.0% cap · market cap 9.32%
Second Best
Office B
$1.69M
$1.48M – $1.97M
NOI $118,431 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M
NOI $157,908 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,153
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Blank Beverage — 3738 W Century Blvd, Inglewood, CA 90303
- Tru2It Catering By Trufonn — S Flower St, Inglewood, CA 90301
- Alice Pupuseria — 622 Myrtle Ave, Inglewood, CA 90301
- Ladiestouch Diner — 139 S Market St Unit #251, Inglewood, CA 90303
- Your Plate or Mine, Inc. — 309 E Hillcrest Blvd, Inglewood, CA 90301
Frequently Asked Questions
What type of property is this?
Flex space - Open-span commercial space with a glass storefront, polished floors, and private rear access for parking and loading.
Where is this flex space located?
The property is located at 951 S LA BREA Inglewood, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,529 SF total interior space, including a 3,840 SF ground‑floor footprint and 1,689 SF loft/mezzanine; INC5YY zoning: Inglewood Heavy Commercial / Regional Business; Concrete tilt‑up and brick masonry construction completed in 1952
