901 S La Brea Ave - Freestanding FOR SALE


Inglewood, CA 90301
$4,999,000 USD
818-288-0697
901 S La Brea Ave, Inglewood, CA for Sale
$4,999,000 USD
Freestanding - FOR SALE
1/19
null | 6.14% Cap Rate

901 S La Brea Ave
Inglewood, CA 90301


OVERVIEW

Offered at: $4,999,000 Property Type: Retail Plaza / Redevelopment Opportunity Building Size: 10,545 SF Land Size: 23,442 SF (0.54 Acres) Zoning: C2 – Tier 3 TOC (70% Density Bonus | Mixed-Use Eligible) Year Built: 1940 APNs: 4024-019-013 & 4024-019-004 Parking: On-site surface lot (±18 striped spaces) Brief Summary High-visibility retail plaza totaling 10,545 SF on a 0.54-acre corner parcel (23,442 SF) just 0.5 miles from SoFi Stadium and 3 miles from LAX. The property consists of 11 retail units — 2 currently occupied and 9 vacant, offering immediate lease-up potential or a prime redevelopment opportunity. Zoned C2 / Tier 3 TOC, the site allows mixed-use or multifamily redevelopment with exceptional long-term upside in one of the most active submarkets in Los Angeles County. Property Overview An exceptional opportunity to acquire a high-visibility retail center with significant redevelopment potential, located just 0.5 miles west of SoFi Stadium and the Hollywood Park Entertainment District — one of the largest and most transformative mixed-use projects in Southern California. 901–925 S La Brea Avenue & 220–228 E Arbor Vitae Street feature 10,545 SF of existing improvements on a 23,442 SF corner parcel at a signalized intersection with dual street frontage and gated on-site parking. The property’s C2 zoning and Tier 3 TOC designation permit a 70% residential density bonus and support redevelopment into mixed-use, multifamily, medical, or QSR (drive-thru) concepts. Investors can lease up existing vacancies for stabilized income or pursue full-scale redevelopment consistent with Inglewood’s ongoing revitalization surrounding SoFi Stadium and Hollywood Park. Tenant Summary Currently 2 of 11 units are occupied, with the remaining 9 units vacant or deliverable vacant at closing, providing full control for leasing or redevelopment. • Anchor Tenant: Domino’s Pizza • Square Footage: 2,694 SF (25.5% of total GBA) • Lease Expiration: December 31, 2026 (˜13 months remaining) • Status: In operation • Renewal Option: Buyer may renew at ˜ $4.00/SF NNN or redevelop after expiration. Investment Highlights • Retail plaza with 11 total units (2 occupied, 9 vacant) – immediate upside through lease-up or redevelopment • Prime infill corner located just 0.5 miles from SoFi Stadium and the $5 billion Hollywood Park mixed-use district • 10,545 SF building on 23,442 SF corner parcel with signalized intersection and excellent visibility • Zoned C2 / Tier 3 TOC, permitting up to 70% residential density bonus and mixed-use potential • Traffic counts: Over 28,000 vehicles per day along La Brea Avenue and Arbor Vitae Street • Strong demographics: 800,000+ residents within 5 miles; average household income ˜ $75,000+ • 3 miles from LAX, excellent access to 405 & 105 Freeways and the Crenshaw/LAX Metro Line • Surrounded by national retailers: Target, Costco, Starbucks, CVS, AutoZone, Wells Fargo, and 7-Eleven Nearby Attractions & Major Demand Drivers • SoFi Stadium – Home of the LA Rams & Chargers (0.5 mi) • Hollywood Park Entertainment District – 300-acre master-planned community with 3,000+ residential units, retail, and hotel • YouTube Theater – 6,000-seat entertainment venue (0.6 mi) • Intuit Dome – Future home of the LA Clippers (opening 2025) • Kia Forum – 17,500-seat concert and event arena (0.9 mi) • Hollywood Park Casino – Luxury gaming destination (0.5 mi) • Crenshaw/LAX Metro Line – New transit link to Downtown LA (1.2 mi) • LAX International Airport – 3 miles southwest (˜10-minute drive) • Downtown Inglewood Village & Market Street Corridor – Revitalized dining and retail district (1 mi) Financial Summary (Market-Stabilized Projection) Offering Price: $4,999,000 Price Per SF: $474 Scheduled Gross Income (Full Occupancy): $427,894 Vacancy (5%): $21,395 Operating Expenses: $99,662 (23.30% of SGI) Net Operating Income (NOI): $306,837 Market Cap Rate: 6.14% Market GRM: 11.68× Location Overview Inglewood continues to emerge as one of Los Angeles County’s most dynamic investment markets. Anchored by SoFi Stadium, Hollywood Park, YouTube Theater, and the upcoming Intuit Dome, the city has become a regional hub for entertainment, hospitality, and mixed-use growth. The subject property sits between the 405 and 105 Freeways, approximately 3 miles from LAX, offering outstanding regional accessibility. With accelerating development and limited supply of prime parcels, 901–925 S La Brea Avenue & 220–228 E Arbor Vitae Street present a rare chance to control a key corner retail plaza within the heart of Inglewood’s resurgence. Offering Summary Offering Price: $4,999,000 Building Size: 10,545 SF Land Size: 23,442 SF (0.54 Acres) Zoning: C2 – Tier 3 TOC (Mixed-Use Eligible) Current Occupancy: 2 of 11 units occupied (Domino’s Pizza + 1 small retail) Location: 0.5 Miles West of SoFi Stadium / 3 Miles from LAX

FOR SALE DETAILS

PRICE

$4,999,000 USD

PRICE/SF

$814 USD /SF

CAP RATE

6.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C2-1-0

APN/PARCEL ID

4024-019-004,4024-019-031

ASK ABOUT THIS PROPERTY

Avi NarangBRC Advisors - BH, Inc.More Info
818-288-0697

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Avi NarangBRC Advisors - BH, Inc.More Info
818-288-0697

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