701 S. la brea avenue
inglewood, ca 90301
A free-standing multi-tenant stabilized
Elijah Suval and Daniel Hirth of the Hirth Group have been exclusively selected to market for sale 701 S. La Brea Avenue, Inglewood CA. A free standing multi-tenant retail property consisting of approximately 3,311 SF of building on an approximate 5,061 SF lot. The current tenants include a Liquor Store with a full liquor license, and a popular Vegan Restaurant Vegainz LA. The subject property also contains 5 gated parking spaces. Ease of management, two tenant property with long term leases, this is an ideal opportunity for an investor looking for a stabilized asset in the ever-changing Inglewood submarket and a 5% Cap Rate day one.
701 S. La Brea Avenue is conveniently located on the corner of S La Brea Avenue and E. Buckhorn Street, just North of E Arbor Vitae Street. The subject property is efficiently located within ten minutes of: The Forum, the new Rams/Chargers Stadium, and the 405 FWY making it one of the most highly sought-after investments in the Inglewood sub market. Next to the $4.9 billion stadium, a massive new neighborhood and shopping complex has been in the works for more than a decade. This 238-acre project plans to consist of 2,500 units of housing, 620,000 SF of retail space, a “social hub” with a “culinary marketplace” and “giant outdoor movie screen”, and a 300 room luxury hotel. It’s unique positioning on S La Brea gives the property outstanding exposure and visibility as more than 20,000 cars travel down La Brea Avenue each day.