You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,920,000
Manufacturing properties

821 Olive St Inglewood, CA 90301-2113

12,788 SF 0.33 ac lot Built 1948
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9835631
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Craig Tools Inc Industrial Manufacturer
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
Rafael Rangel JR · 2 yrs held
Rafael Rangel JR
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $4.6M +15.7%
Office building $4.3M +9.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 821 Olive St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message