Property profile

7402 Western Ave Los Angeles, CA 90047

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This 1,000 square foot storefront, located at 7402 S Western Ave, Inglewood, offers a fantastic opportunity for a single-tenant retail or office business. Situated on a major thoroughfare with excellent visibility and signage potential, this property benefits from high traffic counts and a strategic location. Zoned C2, the space allows for a variety of uses, making it ideal for a convenient store, smoke shop, or similar enterprise. The mixed-use building provides a convenient and accessible location, just minutes from major retailers like Home Depot and close to public transportation. Its proximity to Florence Avenue (one block south) further enhances its accessibility. This property is exceptionally well-positioned to capitalize on significant upcoming development in the area, including the new RAMS stadium, 3,000 residential units, 680,000 square feet of retail space, a luxury hotel, the new Hollywood Park Casino, and a man-made lake, all within two miles. This presents a unique chance to establish a business in a rapidly growing and dynamic location with substantial future growth potential. The property is in the Inglewood/Hyde Park submarket of Los Angeles County.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Sustainability Organization

Location

7402 Western Ave Los Angeles, CA 90047
Los Angeles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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