Current Use by Public Records
- El Rancho Produce / Food Market / Specialty Food Shop
- The Best Fruit Platters / Specialty Food Shop
Property Details for 4500 Inglewood Blvd
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 3,276 square foot shopping center presents a compelling value-add investment opportunity in the thriving Culver City market. Located at 4500 Inglewood Blvd, this single-story building sits on a 4,649 square foot lot and features four units currently at 50% occupancy with a modified lease type. The property boasts a prime corner location, ensuring high visibility and accessibility, with existing restaurant infrastructure making it particularly attractive for culinary businesses seeking an immediate operational advantage. The versatile space is suitable for a mix of retail and restaurant uses, maximizing income potential. Zoned LAC2, this property offers significant potential for renovation and enhanced income generation, catering to both investors seeking value appreciation and owner-users looking for a strategic asset in a high-growth area. The property is currently vacant, offering a blank canvas for redevelopment. This is a 1031 exchange eligible property with an APN of 4218-007-024. The property's location in Culver City, known for its robust commercial activity and community charm, ensures strong potential for future growth and profitability. The surrounding area offers a diverse range of dining, retail, and entertainment options, further enhancing the property's desirability. This is a rare opportunity to acquire a well-positioned asset in a dynamic and sought-after location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.418
- Latitude
- 33.9949
