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Property profile & analytics
FOR SALE
Retail space

241 S Market St Inglewood, CA 90301

3,750 SF 0.09 ac lot Built 1936
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US09-9838693
Property summary
AI-generated overview

This exceptional 4,800-square-foot medical office space is available for lease in Los Angeles County, located at 241 S Market St. The property is classified as retail and office, specifically designated as a medical office building, and offers a single-tenant occupancy opportunity. The entire 4,800 square feet is currently vacant and ready for immediate occupancy, presenting a unique chance for a medical practice or related business to establish a prominent presence. The lease term is flexible, ranging from two to five years, providing adaptability for long-term growth and planning. This property is situated in Los Angeles County, offering excellent access to a diverse patient base and a thriving commercial environment. The space is ideal for a variety of medical uses, providing ample room for examination rooms, waiting areas, administrative offices, and support spaces. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is currently listed as a single-tenant space, offering privacy and control over the entire building. This turnkey solution allows for immediate commencement of operations, minimizing setup time and maximizing operational efficiency. The building's size and layout are well-suited for a variety of medical specialties.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1936
Construction TILT-UP CONCRETE
Total area 3,750 SF
Lot 0.09 ac (3,750 SF)
Zoning code INC1*
APN 4021-014-007
UPID US09-9838693
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
  • Beakon Radio Radio Station Telecommunications Service
  • Big Wave Realty Real Estate Agency
  • Clean Credit Agency Financial Advisor
  • Generation X Group Association Or Organization
  • bruce stuart Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$867k
Blend (final) Blend
$800k
Owner & transaction history
Iman Design And Development INC · 2 yrs held
Iman Design And Development INC
since 2024
Last sale
$800,000
7 recorded transactions
2024
Price N/A
2024
$800,000
2022
Price N/A
2018
Price N/A
2016
Price N/A
2014
$360,000
2014
Price N/A
Zoning & alternative use
INC1* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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