4427 W Century Boulevard

  • Inglewood

  • $1,825,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
City of Champions Revitalization - RAM - Charger Territory in Inglewood, CA - Single tenant investment in the heart of Inglewood located on the main street leading to the revitalization project from the 405 freeway. Sale includes 4427 - 73 Century Blvd. (APN's - 4024-032-012, 013 and 014) three parcels with approx. 300 feet of frontage located on a signalized corner of the busiest street leading directly to the new approved Stadium and the massive Inglewood entertainment, office, retail and residential development as well as the Space X projects in Hawthorne. A Long term lease is in place to support the $90,516 annual triple net income with 2% annual cost of living adjustments (at this location for 12 years - 3 yrs remaining - plus two 5 year options) . The property consist of the three parcels with a private gated parking area, a secondary 374 sf bldg with a 1/2 bath and the primary office-showroom-auto repair bldg. with ADA 1/2 bath and access. Single purpose use on one of the busiest streets in LA, close to 405 fwy, LAX, RAMS development, New Hawthorne Mall as well as direct access to the beach communities....solid business security for an established business - Offered at an approximate 5% cap rate with increasing returns starting the first year and every year there after. (Business is for sale - see MLS True triple net lease with tenant paying taxes, insurance and general maintenance. Landlord paying for gas to go the bank....
Essential
MLS #SB18092466
Office SqFt150
Price Per SqFt$332.79
Sub-TypeRetail
CountyLos Angeles
StateCA
Area102 - South Inglewood
StatusPending
Sale TypeStandard
Number Of Units2
Number Of Buildings2
Building StatusExisting
Uncovered Spaces8
Land UseRetail
Listing BrokerageRE/MAX Estate Properties
Listing AgentMichael Talbot
Listing Agent BRE #00645363

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, August 28, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.