10612 Prairie Ave Inglewood, CA 90303
- Retail space
- 2,860 SF
- 0.15 lot acres
Current Use by Public Records
- Champ City Bar & Lounge / Bar & Pub
Property Details for 10612 Prairie Ave
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 2,860 SF
- Zone code
- INC2YY
- Property type
- Retail space
- APN
- 4032-017-003
- APU
- 4032017003
Description
This exceptional Inglewood restaurant and bar presents a unique investment opportunity. Located at 10612 Prairie Avenue, this fully licensed and equipped establishment boasts 2,860 square feet of indoor space, complemented by outdoor seating on a 0.15-acre lot. Its strategic location near SoFi Stadium, Intuit Dome, and The Forum guarantees consistent high foot traffic from major events and concerts, ensuring a steady stream of customers. The business is turnkey and ready to operate, holding a beer and wine license. The spacious and stylish interior provides ample room for operations, while the high visibility ensures strong brand recognition within a rapidly developing area. This presents significant growth potential, allowing for expansion into catering, private events, or the introduction of new menu concepts to further capitalize on the high-demand location. The asking price is $1,800,000. This is an ideal acquisition for experienced restaurant operators, investors, or entrepreneurs seeking a high-growth, high-traffic business in a prime Inglewood location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,205,000
- 6.5%
- $1,110,000
- 7%
- $1,035,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,015,000 Current use
- MEDICAL BUILDING
- $1,300,000 Change: +28% Conversion: Difficult
- OFFICE BUILDING
- $960,000 Change: -6% Conversion: Easy
- WAREHOUSE, STORAGE
- $840,000 Change: -17% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Inglewood
- County
- Los Angeles
- State
- California
- Longitude
- -118.344
- Latitude
- 33.9394
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA