Technical
Financial
Distress signals
Property profile

821 Olive St Inglewood, CA 90301

OFF-MARKET
Manufacturing properties
Property ID
US09-9835631
12,788 SF 0.33 ac lot Built 1948
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,500-square-foot industrial property in Inglewood offers a unique blend of warehouse and showroom space, perfect for a variety of businesses. Built in 1948, the single-tenant building boasts a striking front glass door entrance that opens directly into a spacious showroom area. The rear of the property features an open-floor plan warehouse layout, providing ample room for storage or operations. Adding to its functionality, a mezzanine level above the showroom offers valuable extra storage capacity. The property's prime location is a significant advantage, situated directly adjacent to a CARMAX and within close proximity to both Los Angeles International Airport (LAX) and the heavily trafficked 405 Freeway, ensuring excellent accessibility and visibility. This Los Angeles County warehouse is a single-tenant property, offering a streamlined and efficient workspace. The current lease rate is $1.75 per square foot per month. This versatile space presents a compelling opportunity for businesses seeking a well-located and functional industrial property in a thriving area. The combination of showroom and warehouse space, along with the added mezzanine storage, makes this an ideal location for businesses requiring both display and operational areas. The convenient access to major transportation arteries and nearby amenities further enhances its appeal.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1948
Construction WOOD
Total area 12,788 SF
Lot 0.33 ac (14,200 SF)
Zoning code INM1*
APN 4127-027-017
UPID US09-9835631

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
  • Industrial Manufacturer

Location

821 Olive St Inglewood, CA 90301-2113
Inglewood metro Census 601401 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.92M
CAP Approach CAP
$2.45M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M

Owner & transaction history

since 2024
Last sale
$2.9M
5 recorded transactions
2024
$2.9M
2024
Price N/A
2023
$3.1M
2009
Price N/A
2007
Price N/A

Zoning & alternative use

INM1* · Inglewood, CA
Top alternative use upside
Retail stores $4.6M +15.7%
Office building $4.3M +9.3%

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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