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Property profile & analytics

206 Locust St Inglewood, CA 90301-2304

  • Retail space
  • 4,700 SF
  • 0.17 lot acres
OFF-MARKET
Value Estimations
$1,065,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-8063001
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Celebrity Hall / Wedding Service

Property Details for 206 Locust St

Year built
1925
Construction
TILT-UP CONCRETE
Lot size
0.17 lot acres
Property size
4,700 SF
Zone code
INC1*
Property type
Retail space
APN
4021-012-003
APU
4021012003

Description

This exceptional opportunity presents a 4,700-square-foot retail building in Inglewood, California, ideally suited for restaurant, bar, or entertainment use. The property is being sold as a package deal, including the existing business, all necessary licenses and permits, and a valuable California Type 47 Liquor License. A Commercial Food Facility License and Live Entertainment Permit are also included, along with the existing registration as a dancehall. The property boasts an additional 1,600 square feet of outdoor patio space, perfect for expanding operations or creating a vibrant outdoor dining area. This turnkey operation is situated in a high-traffic area, with approximately 32,000 cars passing daily, and enjoys a prime location just minutes from the new SoFi Stadium. The property's versatility makes it suitable for a range of operators, including restaurants and bars, ghost kitchen operations, live music venues, and event or banquet halls. This is a rare chance to acquire a thriving business and a well-located property in a rapidly growing area. The address is 206 S. Locust Street, Inglewood, CA 90301, within Los Angeles County.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $1,670,000
    Current use
    OFFICE BUILDING
    $1,580,000
    Change: -6% Conversion: Easy
    WAREHOUSE, STORAGE
    $1,380,000
    Change: -17% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Inglewood
County
Los Angeles
State
California
Longitude
-118.35
Latitude
33.9615
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
$10,962
$564,853
$228,342
$793,195
-
$0.00
$0.00
$0.00
More about this property
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