Technical
Financial
Distress signals
Property profile

411 N La Brea Ave Inglewood, CA 90302

FOR SALE
Turn key restaurants
Property ID
US09-6484098
394 SF 0.19 ac lot Built 1964
Entity Owned 13-yr Hold Free & Clear
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411 N La Brea Ave, Inglewood, CA 90302 For Sale
$2,600,000 394 SF
411 N La Brea Ave, Inglewood, CA 90302
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Property summary

AI-generated overview

The property is a commercial parcel located in North Inglewood with an 8,368-square-foot lot and frontage on La Brea Avenue. It includes a former fast-food chicken restaurant structure of approximately 394 square feet, which is no longer operating and is considered to have no contributory value. The parcel is zoned C3 Commercial, a flexible commercial and mixed-use district that permits a range of commercial and higher-density development, with a maximum floor area ratio (FAR) of up to 3.0, corresponding to approximately 24,798 square feet of potential buildable floor area subject to applicable city approvals and development standards. The site is positioned for access to major regional destinations including SoFi Stadium, Intuit Dome, Hollywood Park, and the Kia Forum, each approximately 2 to 3 miles to the south.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1964
Total area 394 SF
Lot 0.19 ac (8,266 SF)
Zoning code INC3YY
APN 4016-024-012
UPID US09-6484098

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Take-out & Catering
  • Hair Salon Nail Salon

Location

411 N La Brea Ave Inglewood, CA 90302
Inglewood metro Census 601302 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2013
7 recorded transactions
2013
Price N/A
2012
$195,000
2011
$171,549
2007
$567,000
2006
Price N/A
2005
Price N/A
2004
Price N/A

Zoning & alternative use

INC3YY · Inglewood, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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