PRICE: $15,000,000

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Ideal industrial opportunity for an owner/user or savvy investor.​

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Elijah Suval and Daniel Hirth of The Hirth Group have been exclusively selected to market for sale 219 & 235 W. Florence Avenue, Inglewood CA 90301 – two industrial warehouses consisting of a total ±44,779 SF of building on an estimated 76,696 SF of land. The subject properties contain parking for approximately 42 vehicles; employees and tenants also benefit from the church-owned parking lot across the street.  There are four (4) dock high and four (4) ground level loading doors, almost ±7,000 SF of dedicated office space, and a minimum clear height of 18’-20’. Each of the warehouses are being powered by a 400 amp, 3-Phase electrical panel combining for 800 amps of power. The asset is rare opportunity for an owner/user or investor to acquire prime warehouse space in a high barrier to entry and robust industrial market. Potential buyers have the option to arrange seller financing, which is an attractive option for buyer who may have difficulty obtaining traditional financing or who prefer the flexibility and terms offered by the seller. 

 

Note: Per Title, the total building square footage is 38,110 SF. Buyer to perform own due diligence and verify all information.

 

219 & 235 W. Florence Avenue, Inglewood CA 90301 is strategically located in between N Inglewood Avenue and S La Brea Avenue, situated in a niche industrial sector just east of the I-405 FWY in Inglewood.  The subject properties benefit from proximity to Los Angeles International Airport (LAX), the I-405 FWY, the Los Angeles/Long Beach seaports, the New Intuit Dome, and SoFi stadium. The LAX/Inglewood Industrial market is one of the most robust industrial markets in the country, with vacancy rate historically near the lowest in the country and rents continuing to see growth. Beyond the macro environment of the Florence properties, Inglewood continues to be one of the most sought-after cities for investors and owner/users in the state of California. This can be attributed to the billions of dollars getting poured into the community for the development of three (3) new sports team arena’s. Inglewood investors and residents continue to prepare for the future of their city with the Superbowl coming back to SoFi in 2027 and the Olympics in 2028.