124 N Locust St - Health Care FOR SALE


Inglewood, CA 90301
$2,100,000 USD
310-429-8978
124 N Locust St, Inglewood, CA for Sale
$2,100,000 USD
Health Care - FOR SALE
1/9
null | Request Cap Rate

NEW


124 N Locust St
Inglewood, CA 90301


OVERVIEW

Rare opportunity to acquire a freestanding two-story medical/professional office building in the heart of Downtown Inglewood. Strategically positioned on N Locust Street near the intersection of E Regent Street, this 4,957 SF building sits on a 9,200 SF lot and has served as home to Locust Street Dental Offices — a long-established dental practice — offering a buyer the unique advantage of acquiring a fully improved, dental-ready facility in an active and rapidly appreciating submarket. Originally constructed in 1964, the building consists of three units across two stories, with 100% occupancy and a masonry/brick frame, stucco exterior, and roll composition roof. The property benefits from 14 surface parking spaces accessed via a private rear parking area through a dedicated driveway corridor — a meaningful amenity in this dense urban location. While the current buildout and improvements are optimally configured for dental or medical use, this property presents a compelling opportunity for a wide range of professional owner-users. Attorneys, accountants, financial advisors, behavioral health providers, physical therapists, and other service-oriented professionals would find the existing layout, private parking, and multi-unit configuration equally well-suited to their needs. The existing improvements represent substantial tenant improvement value regardless of the end use, and the flexible multi-unit layout allows for a variety of occupancy configurations. Ideally occupy the 2nd floor and rent the first floor to a dentist. Situated in Downtown Inglewood, the property benefits from exceptional proximity to some of the most significant ongoing development in the greater Los Angeles area. The neighborhood sits within close range of SoFi Stadium, the Intuit Dome (home of the LA Clippers), and the continued infrastructure investment that has accompanied Inglewood's transformation into one of Southern California's most watched commercial submarkets. The property is well served by public transit, has average accessibility and visibility from N Locust Street, and sits within an established healthcare and professional services corridor.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Inglewood Medical Professional Building

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,200 SF

ZONING

R-4

APN/PARCEL ID

4021-006-015

ASK ABOUT THIS PROPERTY

Jason OwensDDSMatch SoCalMore Info
310-429-8978

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Jason OwensDDSMatch SoCalMore Info
310-429-8978

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.