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Property profile

10500 S Prairie Ave Inglewood, CA 90303

FOR SALE
Investment properties
Property ID
US09-9794560
4,968 SF 0.34 ac lot Built 1927
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property in Inglewood, CA, presents a unique investment opportunity. Encompassing five parcels totaling 42,680 square feet (0.98 acres), this expansive lot is strategically located just three blocks south of the Intuit Dome, home of the Los Angeles Clippers. Its prime position on Prairie Avenue offers unparalleled accessibility, with access points on Prairie Avenue, 105th Street, 106th Street, and an alley. The property's proximity to SoFi Stadium, a world-class venue hosting major events including Super Bowl LVI and future World Cup and Olympic games, further enhances its value. SoFi Stadium's massive capacity (70,000, expandable to 100,000) and state-of-the-art amenities attract millions of visitors annually. South Prairie Avenue provides direct access to the Century (105) Freeway, ensuring convenient access for visitors. This location is poised for significant growth, making it ideal for a variety of commercial developments, including retail, hospitality, or mixed-use projects. The listed price of $13,000,000 includes the land value. The property includes parcels 4032-016-004, 005, 006, and 007. This is a rare chance to secure a substantial presence in one of Los Angeles' most dynamic and rapidly developing areas. The building size is 4,517 square feet.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1927
Construction WOOD
Total area 4,968 SF
Lot 0.34 ac (14,663 SF)
Zoning code INC2YY
APN 4032-016-032
UPID US09-9794560

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
  • Restaurant
  • Restaurant

Location

10500 S Prairie Ave Inglewood, CA 90303
Inglewood metro Census 601900 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$380k

Owner & transaction history

since 2014
7 recorded transactions
2014
Price N/A
2008
Price N/A
2004
Price N/A
1995
$250,000
1995
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

INC2YY · Inglewood, CA

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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