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Property profile & analytics
OFF-MARKET Estimated value $1,915,000
Outlet malls

5138 Century Blvd Inglewood, CA 90304-1224

3,890 SF 0.19 ac lot Built 1956
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-7353581
Property summary
AI-generated overview

This exceptional 0.19-acre commercial land parcel in Inglewood, California, presents a remarkable redevelopment opportunity. Strategically located at 5138 W Century Blvd, the property boasts unparalleled visibility due to its adjacency to the 405 Freeway, experiencing over 332,137 vehicles per day. Its C-2 zoning permits a wide range of commercial uses, including retail sales, commercial services, and rentals. The site's proximity to LAX International Airport (1.7 miles away), serving over 88 million annual passengers, ensures high foot traffic and significant potential for growth. Across the street sits the $1 billion CONRAC (Consolidated Rent-a-Car Facility), featuring a direct airport tram, further enhancing the property's accessibility and desirability. The site, recently cleared and ready for immediate development, also includes an existing billboard generating $35,000 in annual income. Surrounded by established national tenants such as McDonald's, Starbucks, Subway, The Westin, Marriott, and La Quinta Inn & Suites, this property offers an exceptional investment opportunity with significant upside potential. The property features two convenient points of ingress and egress, ensuring easy access for customers and employees. The asking price is $2,750,000. The 90304 zip code and Los Angeles County location provide additional context for this prime commercial real estate offering.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1956
Construction WOOD
Total area 3,890 SF
Lot 0.19 ac (8,294 SF)
Zoning code LAC-2*
APN 4038-002-006
UPID US09-7353581
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
  • WOW Media Billboards Marketing & Advertising Advertising Agency
  • JWP Lenders Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.12M
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$1.92M
Owner & transaction history
Star Heritage LLC · 5 yrs held
Star Heritage LLC
since 2021
Last sale
$1.9M
2 recorded transactions
2021
$1.9M
2014
Price N/A
Zoning & alternative use
LAC-2* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.4M +71.1%
Medical building $1.8M +27.8%
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