11116 S Prairie, Inglewood, CA 90303

$1,200,000

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List Price
$1,200,000
Status
ACTIVE
MLS#
CV26154573
Year Built
1922
Lot Size
7,772
Acres
0.18
Lot Location
Rectangular Lot
Days on Market
12
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Great investment opportunity in one of the most dynamic markets in Los Angeles County! This mixed-use property is situated on the high-traffic South Prairie Avenue corridor in the heart of Inglewood, minutes from SoFi Stadium, Intuit Dome, Hollywood Park, and the Metro K Line. This income producing asset features two street facing commercial retail units currently operating as a bakery and a party supply shop offering great visibility and consistent foot and vehicle traffic from day one. Behind the commercial storefronts, 4 residential units provide steady rental income, creating a diversified revenue stream that insulates any owner from single-tenant risk. Whether you're an investor seeking a value-add asset, an owner-user looking to operate your business while collecting residential rents, or a developer capitalizing on Inglewood's explosive growth potential, this property checks every box. Built in 1922 and carrying the character of a true Inglewood legacy asset, this is your chance to plant your flag in the city. Do not disturb tenants. Showings by appointment with accepted offer or pre-qualification only. All information deemed reliable but not guaranteed, buyer to verify all uses, permits, and zoning.

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$7,714

Listing courtesy of Listing Agent: Jorge Marquez (JAMarquez888@gmail.com) from Listing Office: RE/MAX 2000 REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.