Property profile

8473 Van Ness Ave Inglewood, CA 90305

OFF-MARKET
Medical Office Space
Property ID
US09-6958762
8,214 SF 0.34 ac lot Built 1955
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 8,214 square foot multi-tenant office building, located at 8473 South Van Ness Avenue in Lynwood, Los Angeles County, offers two available suites perfect for medical or general office use. Suite 103 boasts four small offices, a waiting area, and a bathroom, while Suite 102 includes five offices, a waiting area, a bathroom, and a kitchenette. Both suites are designed for optimal functionality and offer excellent street visibility from their prime corner location. The property sits on 15,008 acres of land and is zoned IN-C2-YY (APN: 4010-029-001). Parking is available on a first-come, first-served basis at the rear of the building and on the street. A limited-time teaser rate of $2.00 per square foot per month is available for the first three months, subject to landlord approval and specific terms and conditions. The building's location provides easy access to numerous nearby amenities, including restaurants and retail stores. The property offers the potential for prominent building signage, enhancing brand visibility. Suite sizes range from 850 to 1,450 square feet.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Construction TILT-UP CONCRETE
Total area 8,214 SF
Lot 0.34 ac (15,008 SF)
Zoning code INC2YY
APN 4010-029-001
UPID US09-6958762

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
  • Physician
  • Tutoring Service

Location

8473 Van Ness Ave Inglewood, CA 90305-1519
Inglewood metro Census 600801 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.09M
CAP Approach CAP
$2.25M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.02M

Owner & transaction history

since 2021
Last sale
$1.9M
7 recorded transactions
2023
Price N/A
2021
Price N/A
2021
Price N/A
2016
$1.9M
2007
$1.2M
2006
Price N/A
2004
Price N/A

Zoning & alternative use

INC2YY · 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
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 8473 Van Ness Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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