301 Pr Ave Inglewood, CA 90301-4507
- Medical offices
- 84,418 SF
- 0.61 lot acres
Current Use by Public Records
- Freeman Medical Arts Center / Medical Center
- Inglewood Prompt Care / Medical Clinic
- California Neuromedical Services / Medical Clinic / Neurophysiologist
- MSLAA Medical Corporation / Medical Clinic
- FPA Women's Health / Family Planning Center / Abortion Clinic
Property Details for 301 Pr Ave
- Year built
- 1978
- Construction
- STEEL FRAME
- Lot size
- 0.61 lot acres
- Property size
- 84,418 SF
- Zone code
- INRM*
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 4015-024-021
- APU
- 4015024021
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Inglewood
- County
- Los Angeles
- State
- California
- Longitude
- -118.344
- Latitude
- 33.9657
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
