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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Office buildings
10418 Pr Ave Inglewood, CA 90303-1831
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7614803
Property summary
AI-generated overview
This exceptional commercial property, located at 10418 S Prairie Ave in Inglewood, California, presents a fantastic leasing opportunity. Situated in Los Angeles County, this first-floor space offers approximately 750 square feet of versatile space ideal for a variety of businesses. The property is classified as both office and retail, making it suitable for a range of uses. The space is currently available for lease at a monthly rate of $2,200. The lease term is negotiable, offering flexibility to potential tenants. This is a multi-tenant building, providing a vibrant and collaborative environment. The property's address is 10418 S Prairie Ave, Inglewood, CA 90303, with convenient access to local amenities and transportation. The precise square footage is approximately 750 square feet, providing ample room for a small business or office. This is a traditional office space, offering a professional and functional layout. Interested parties are encouraged to inquire about lease terms and availability. The property is located in the thriving city of Inglewood, offering excellent visibility and accessibility. Don't miss this opportunity to secure a prime commercial space in a desirable location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
WOOD
Total area
3,000 SF
Lot
0.15 ac (6,452 SF)
Zoning code
INC2YY
APN
4032-009-030
UPID
US09-7614803
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ADU Contractor Inglewood & Garage Conversion Construction Company
-
Window Repair & Installation Inglewood General Contractor Renovation Specialist
-
Club Salud y Bienestar (Bike/Boat/Book/etc) Store Pharmacy
-
A&G Cellular Electronics & Wireless Store
-
RA Essential Scrubs (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$626k
Blend (final)
Blend
$1.02M
Owner & transaction history
Basket Companies LLC · 3 yrs held
Basket Companies LLC
since 2022
Last sale
$986,009
7 recorded transactions
Zoning & alternative use
INC2YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+35.3%
Retail stores
$1.1M
+5.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$990,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,055,000
7%
$980,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,010,000
Current use
MEDICAL BUILDING
$1,365,000
Change: +35% · Conversion: Easy
RETAIL STORES
$1,065,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$880,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$830,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $986k (Aug 19 2022)
Last sale anchor
$986k
Aug 19 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$340 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,499
Tax year 2024
Assessed value
$1,005,720
Assessed 2024
Previous assessed
$1,005,720
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$703,800
Assessed improvement
$301,920
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,000 SF
Lot
0.15 ac (6,452 SF)
Zoning code
INC2YY
APN
4032-009-030
UPID
US09-7614803
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$880,000
COMMERCIAL (GENERAL)
Est. value
$830,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Basket Companies LLC
Entity
Mailing address
11940 SAN VICENTE BLVD, LOS ANGELES, CA 90049-5004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
$986,000
Basket Companies LLC
James P Maurer
Grant Deed
$597,000 · The Bank Of Hemet
Feb 15, 2008
—
Maurer James P Living Trust
Maurer,james P
Quit Claim Deed
related
—
Nov 9, 2007
$571,500
James P Maurer
Lopez,alberto
Grant Deed
—
Apr 14, 2004
$125,000
Alberto Lopez
Ruley,tr
Grant Deed
$100,000 · Ruley Trust
Apr 14, 2004
—
Alberto Lopez
Perez,ana L
Grant Deed
related
—
Jul 10, 1996
—
Ruley,leslie R & Freda M Trustee
Ruley,l R & F M
Quit Claim Deed
related
—
—
—
Alberto Lopez
—
Deed Of Trust
related
$215,000 · Thomas H A Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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