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Property profile & analytics
FOR LEASE
Medical Office Space

301 N Prairie Ave Inglewood, CA 90301

84,418 SF 0.61 ac lot Built 1978
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9218838
Property summary
AI-generated overview

This exceptional six-story, 84,957 square foot medical office building in Inglewood, CA presents a unique owner-user opportunity. Located on a 0.61-acre lot with 183 parking spaces, the property boasts a prime location less than two miles from Centinela Hospital Medical Center, a major healthcare facility. The building currently enjoys approximately 60% occupancy, offering significant flexibility for an owner-user to expand their operations within the existing space or potentially relocate tenants to accommodate their needs. The property's strategic location offers convenient access to major transportation arteries, including the I-405, I-105 freeways, and a new LA Metro K Line station, ensuring easy commutes for employees and patients. Inglewood's ongoing economic renaissance, fueled by significant investments in the Hollywood Park development, further enhances the property's value and long-term potential. The city's projected housing growth, as outlined in the 2021-2029 Housing Element report, suggests additional future development opportunities. The asking price is $14,867,475. The building's current zoning allows for several commercial uses, including potential multi-family development, adding to its versatility and investment appeal. This presents a rare chance to acquire a high-profile medical office building in a thriving Los Angeles County submarket with limited comparable properties available. The property's proximity to major transportation hubs, a significant healthcare facility, and the ongoing revitalization of Inglewood makes it an attractive investment for both owner-users and corporate entities seeking a strategic location in a dynamic market.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction STEEL FRAME
Total area 84,418 SF
Lot 0.61 ac (26,709 SF)
Zoning code INRM*
APN 4015-024-021
UPID US09-9218838
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
  • Freeman Medical Arts Center Medical Clinic
  • Inglewood Prompt Care Medical Clinic
  • California Neuromedical Services Medical Clinic
  • MSLAA Medical Corporation Medical Clinic
  • FPA Women's Health Family Planning Center Abortion Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.66M
Owner & transaction history
Freeman Medical Building LLC · 6 yrs held
Freeman Medical Building LLC
since 2019
7 recorded transactions
2026
Price N/A
2025
Price N/A
2023
Price N/A
2019
Price N/A
2005
Price N/A
2000
$4.2M
1999
$5.3M
Zoning & alternative use
INRM* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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