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    241 Market St Inglewood, CA 90301

    Sponsored
    For Sale
    $1,395,000

    Prime Inglewood location, fully remodeled.

    Property size:
    3,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,750 square foot executive office building, located at 241 S Market St, Inglewood, CA 90301, presents a unique investment opportunity. The property, situated on a 3,754 square foot lot (APN 4021-014-007), boasts a prime location in historic Downtown Inglewood, just minutes from SoFi Stadium, home of the Los Angeles Rams. The building is fully remodeled and currently owner-occupied with some existing tenants, offering immediate income potential. The flexible INC1 zoning allows for a variety of uses, including professional offices (ideal for legal, real estate, or advertising firms), and presents significant retail conversion potential. Adding to its appeal is approximately 1,500 square feet of bonus mezzanine space. The building benefits from high visibility with frontage on busy Market Street, placing it in the heart of Inglewood's revitalization, close to LAX, the ports, downtown Los Angeles, and beaches. This property offers substantial upside potential, both in the building itself and within the rapidly developing Inglewood area. The asking price is $1,395,000.

    Property Features for 241 Market St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,750 SF

    HighLights

    • $1,395,000 asking price for this 3,750 square foot executive office building.
    • Located at 241 S Market St, Inglewood, CA 90301 (APN 4021‑014‑007), in the INC1 zoning district.
    • Fully remodeled, owner‑occupied with some tenants.
    • Features approximately 1,500 square feet of bonus mezzanine space.
    • Prime Inglewood location, offering high upside potential and close proximity to SoFi Stadium, LAX, and major transportation arteries.
    Property Profile Location Intelligence

    Current Use by Public Records

    Beakon Radio Radio Broadcaster Big Wave Realty Real Estate Agency Clean Credit Agency Credit Counseling Service Generation X Group Association Or Organization bruce stuart Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3524418
    Latitude
    33.9609196

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Inglewood location, fully remodeled.
    Where is this office property / space located?
    The property is located at 241 Market St Inglewood, CA.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: $1,395,000 asking price for this 3,750 square foot executive office building.; Located at 241 S Market St, Inglewood, CA 90301 (APN 4021-014-007), in the INC1 zoning district.; Fully remodeled, owner-occupied with some tenants.
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    Inglewood, CA 90301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    241 Market St Inglewood, CA 90301
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