10418 S Prairie Ave, Inglewood, CA 90303

10418 S Prairie Ave, Inglewood, CA 90303

Inglewood, CA
$995,000

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

Property Features

  • Sale Price: $995,000
  • Area Size: 3,000 SF
  • Land Area: 6,452 SF
  • Year Built: 2006
  • Listing Date: April 9, 2022

Lyon Stahl Investment Real Estate

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