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10500 S Prairie Ave

4,517 SF 100% Leased Retail Building Inglewood, CA 90303 $15,000,000 ($3,321/SF)

Executive Summary

5 parcles being sold together, 4032-016-004, 005, 006, and 007. Land value included in price.
Presenting a remarkable commercial opportunity with this expansive lot comprised of 5 parcels, totaling an impressive 42,680 square feet. Located just three blocks south of the Intuit Dome Arena, the home of the Los Angeles Clippers, this investment property is perfectly positioned on Prairie Avenue. This dynamic area is set to become a major entertainment destination, attracting visitors from all over. This investment property encompasses accessibility on every side—Prairie Ave, 105th, 106th, and the alley—offering access on all sides.
Further enhancing this location's appeal is its proximity to the iconic SoFi Stadium, the world’s most advanced football venue, which opened in August 2020. With a seating capacity of 70,000, expandable to 100,000, SoFi Stadium is a state-of-the-art facility that redefines the stadium experience with cutting-edge audiovisual technology. This landmark venue has already hosted Super Bowl LVI, the College Football National Championship, WrestleMania 2023, and will be a key site for the FIFA World Cup in 2026 and the Olympics Opening and Closing Ceremonies in 2028.
South Prairie Avenue, a major access route to these world-class venues, provides direct connectivity to the Century (105) Freeway, ensuring easy access for the millions of visitors expected to flock to these events. Whether for retail, hospitality, or mixed-use development, this commercial lot offers an unparalleled opportunity to establish a significant presence in one of Los Angeles' most vibrant and rapidly growing districts.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,517 SF
Building Class
C
Year Built
1927
Price
$15,000,000
Price Per SF
$3,321
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Land Acres
0.97 AC
Zoning
INC2YY
Parking
75 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
325 FT on S Prairie Ave

Amenities

  • Bus Line
  • Signage
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Woody's Bar-B-Q
Northgate Gonzalez Market
The Camp Transformation Center
ALDI
U.S. Bank
California Credit Union
Yoshinoya
Chase Bank
Chili's
Red Lobster

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4032-016-005
  • 4032-016-006
  • 4032-016-032
  • 4032-016-007
  • 4032-016-004
Land Assessment
$1,248,960
Improvements Assessment
$36,509
Total Assessment
$1,285,469
  • Listing ID: 32971754

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 10500 S Prairie Ave, Inglewood, CA 90303

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