100 Market StInglewood, CA 90301

  • Retail properties
  • 9,258 SF
For Lease
$24/SF/YR View listing

Property Details for 100 Market St

Year built
1940
Construction
TILT-UP CONCRETE
Lot size
0.21 AC
Property size (Sq ft)
9,258 SF
Zone code
INC1*
Property type
Retail properties
Property subtype
Retail space
APN
4021-007-024
APU
4021007024

Description

This exceptional Inglewood commercial property, located at 100-112 S. Market Street, offers a unique opportunity for businesses seeking flexible office space. The two-story, Class C building, constructed in 1922, boasts a total of 23,472 square feet, with 13,640 square feet currently vacant. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 12,000 square feet, providing ample options for various business needs. The building features a 10-foot ceiling height and provides convenient on-site parking for 22 vehicles, supplemented by adjacent city parking. The property benefits from a recently remodeled façade and upgraded signage, enhancing its curb appeal and visibility. Its strategic location on Market Street, near E Queen Street, places it in close proximity to thriving businesses, including the popular Sip & Sonder coffee shop. This presents a compelling opportunity to establish a presence in a vibrant and growing Inglewood commercial district. The property is categorized as retail and office, with a traditional office subtype, and is suitable for multiple tenants.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,943,145
    6.5%
    $3,639,826
    7%
    $3,379,838
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,436,463
    Geo Method
    $4,436,463
  • Alternative Use

    Use
    Valuation
    Residential
    $3,070,330
    Hospitality
    $2,812,405
    Educational
    $2,339,888
    Medical
    $2,420,360
    Retail
    $3,639,826
100 Market St, Inglewood, California
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Location Insight

City
Inglewood
County
Los Angeles
State
California
Latitude
33.9632
Longitude
-118.352
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$52,926
$2,748,900
$1,178,100
$3,927,000
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