817-821 W Olive St & 8515 La Cienega Blvd, Inglewood CA, 90301

817-821 W Olive St & 8515 La Cienega Blvd, Inglewood CA, 90301

Inglewood, CA
$7,500,000

Property Description

INVESTMENT HIGHLIGHTS

  • (3) Separate Retail Spaces in Prime Inglewood
  • Owner-User Opportunity w/ (1) Current vacancy (821 Olive) | 90% SBA Financing
  • Great In-Place Income | 5.57% CAP
  • Located on the Corner of La Cienega Blvd and Olive Street
  • Rare Large 36,440 SF Lot w/ 25,188 Rentable Square Footage

EXECUTIVE SUMMARY

8515 La Cienega Blvd & 817-821 Olive Street Is a Property in Inglewood Consisting of (3) Retail Spaces. 821 Olive Street is a Vacant appx. 7,488 SF Retail/Warehouse Space. 817 Olive Street is an appx 5,300 SF Autobody Shop bringing in $10,000/Mo MG. 8515 La Cienega is a 12,400 SF Retail/Warehouse Space w/ a Large Parking Lot Currently Leased to a Rental Car Company for $14,688/Mo. Altogether this property is a massive 36,440 SF Lot in Prime Inglewood Near the 405 and LAX with a 5.57% CAP Rate – a very rare opportunity.

Property Features

  • Sale Price: $7,500,000
  • Area Size: 36,440 Sq. Ft.
  • Land Area: 36,590 Sq. Ft.
  • Year Built: 1958
  • Listing Date: 10/9/2023

Lyon Stahl Investment Real Estate

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