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979 S La Brea Avenue — photo 1
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Building Size

5,688 sf

Lot Size

8,484 sf

Status

Active

Listing Agent: Odette Peters, Coldwell Banker Hallmark

Inglewood

979 S La Brea Avenue

About This Property

FREESTANDING FLEX/INDUSTRIAL PROPERTY – INVESTMENT OR OWNER-USER OPPORTUNITY Excellent acquisition opportunity for a freestanding Class C commercial building in Inglewood, offering exceptional flexibility for an investor or owner-user. The property is currently configured as two units, with one unit generating rental income and the other available for owner use, providing an opportunity for an owner-user to offset occupancy costs with rental income. The approximately 5,430 SF main floor is complemented by an additional 1,513 SF mezzanine, offering valuable additional space. With an approximately 18-foot clear ceiling height and a column-free interior, the building provides excellent functionality for a variety of uses, including showroom, warehouse, office, distribution, or flex space. Approx. 2000 sq ft is leased out for $2865 per month. Lease expires April 30, 2027. additionally per the appraisal report, the mezzanine is 1254 sq ft. Total is 5688 + 1254 = 8310 sq ft. Same report says 9 parking spaces at the rear. The property also features alley access and a convenient rear loading/delivery entrance, allowing for efficient vehicle movement and easy loading and unloading of goods. The open, column-free layout allows forklifts to maneuver throughout the space with ease. Good signage on the property. Additional highlights include: Freestanding Class C commercial building Approximately 5,430 SF main floor Approximately 1,513 SF mezzanine Approximately 18-foot clear ceiling height Column-free interior for maximum flexibility Currently configured as two units One unit currently generating rental income Second unit available for owner-user occupancy 1.731 parking spaces per 1,000 SF C5 zoning, Inglewood Alley access with convenient rear vehicle access Rear delivery/loading access Excellent forklift maneuverability Suitable for showroom, warehouse, office, distribution, or flex use Convenient access to the 405 and 105 freeways Walking Score of 88 – Very Walkable An attractive opportunity for an investor seeking multi-tenant potential and income, or an owner-user looking for a versatile commercial property with excellent access, loading capabilities, and flexible space.

Neighborhood

This property is located in Inglewood. Want to learn more about the area?

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Asking Price

$1,990,000

Est. Monthly Payment

$12,716/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Odette Peters

Coldwell Banker Hallmark