1100 Florence AveInglewood, CA 90301

Property Details for 1100 Florence Ave

Year built

1957

Construction

WOOD

Lot size

0.53 AC

Property size (Sq ft)

6,000 SF

Zone code

INM1*

Property type

Retail properties

Property subtype

Community centers

APN

4127-024-028

APU

4127024028

Description

Prime Inglewood location near LAX Airport offers two exceptional executive office suites within the LAX Airport Plaza. One space is a newly remodeled 1,200 sq ft restaurant space, boasting a granite bar, fully tiled floors and walls, a large ADA-compliant bathroom, and a walk-in refrigeration room. It also includes a furnished business office, perfect for a café or restaurant. The second space is a stunning 2,000 sq ft newly remodeled restaurant with elegant granite floors, a black granite bar with teakwood trim, a fully remodeled kitchen, two ADA-compliant bathrooms, and Nana doors opening to a 1,000 sq ft ivy-covered patio. Both spaces are in a high-traffic area with negotiable base rent and a NNN rate of $1.00 per square foot. The entire 3,200 sq ft building is currently vacant and divisible into units as small as 1,200 sq ft, with a maximum contiguous space of 2,000 sq ft. Located at 1100-1120 W Florence Ave and 1117 W Manchester Blvd, Inglewood, CA 90301, in Los Angeles County. This presents a unique opportunity for businesses seeking a high-visibility location with modern amenities. The property is ideal for food service businesses or other executive office users seeking a flexible and well-appointed space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,037,682

  6.5%

  $1,880,938

  7%

  $1,746,585

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,875,219

  Geo Method

  $2,875,219

• Alternative Use

  Use

  Valuation

  Residential

  $1,586,641

  Hospitality

  $1,453,355

  Educational

  $1,209,174

  Medical

  $1,250,760

  Retail

  $1,880,938

Location Insight

City

Inglewood

County

Los Angeles

State

California

Latitude

33.961

Longitude

-118.376

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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