Technical
Financial
Distress signals
Property profile

945 Pr Ave Inglewood, CA 90301

OFF-MARKET
Office buildings
Property ID
US09-8071983
8,357 SF 0.34 ac lot Built 1969
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a fee simple, two-story mixed-use retail center totaling 8,357 SF, situated on a 17,170 SF site and configured as 14 individual suites. It is set up to support multiple commercial uses, including retail, office, and restaurant use, along with parking options that may include surface, subsurface, or structured parking. The center is located on Prairie Avenue with frontage and access from a main north/south arterial road adjacent to the Hollywood Park Development, and it is positioned across from the main entrance to SoFi Stadium. The development standards referenced for the site include a height limit of up to 75 feet (up to six stories) and up to 70% site coverage, with permitting stated as aligned with General Commercial C2, Medical, and/or TCO zoning categories identified in the source remarks.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1969
Construction TILT-UP CONCRETE
Total area 8,357 SF
Lot 0.34 ac (14,891 SF)
Zoning code INC2YY
APN 4024-009-005
UPID US09-8071983

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
  • Alternative Medicine Practice
  • Charitable Organization
  • Insurance Agency
  • Loan Service
  • Hair Salon Nail Salon

Location

945 Pr Ave Inglewood, CA 90301-7554
Inglewood metro Census 601100 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.72M
CAP Approach CAP
$2.94M
Comparable Approach Comparable
$4.55M
Blend (final) Blend
$3.74M

Owner & transaction history

since 2021
Last sale
$3.3M
7 recorded transactions
2022
Price N/A
2021
$3.3M
2020
Price N/A
2017
Price N/A
2017
Price N/A
2015
Price N/A
2008
$210,000

Zoning & alternative use

INC2YY · Inglewood, CA
Top alternative use upside
Restaurant $5.4M +93.8%
Neighborhood: shopping center $5.1M +81.1%
Medical building $3.8M +35.3%

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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