821 Olive St Inglewood, CA 90301-2113
Property profile & analytics
821 Olive St, Inglewood, CA 90301-2113
- Manufacturing properties
- 12,788 SF
- 0.33 lot acres
Property ID
US09-9835631
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Craig Tools Inc / Industrial Manufacturer
Property Details for 821 Olive St
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.33 lot acres
- Zone code
- INM1*
- Property type
- Manufacturing properties
- APN
- 4127-027-017
- APU
- 4127027017
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,920,000
- ML approach
- $2,920,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,650,000
- 6.5%
- $2,445,000
- 7%
- $2,270,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,930,000 Current use
- RETAIL STORES
- $4,550,000 Change: +16% Conversion: Moderate
- OFFICE BUILDING
- $4,295,000 Change: +9% Conversion: Difficult
- WAREHOUSE, STORAGE
- $3,755,000 Change: -4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Inglewood
- County
- Los Angeles
- State
- California
- Longitude
- -118.371
- Latitude
- 33.9602
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,233
$2,500,000
$600,000
$3,100,000
-
$0.00
$0.00
$0.00
