Property Description

10418 S Prairie Ave is a 4-unit office building located just two streets away from the future Clippers Arena and less than half a mile from the $5.5 Billion SoFi Stadium and Hollywood Park. Built in 2006, this property consists of (4) 750 SF office spaces on a 6,452 SF lot zoned C2. The building is 100% occupied and all of the tenants are current on rent. One of the tenants is on a month-to-month lease and the remaining three tenants will be month-to-month this Fall. Generating over $71,000 in gross annual income, the property is operating just under a 5% CAP rate with approximately 15% in upside rent potential. This is an ideal opportunity for an owner-user or investor to acquire a strategically located asset on the booming Prairie Avenue thoroughfare in Inglewood