4427 W Century Boulevard, Inglewood, CA 90304

$1,750,000
List Price
$1,750,000
Status
ACTIVE
MLS#
SB17104621
Year Built
1947
Days on Market
11
Property Type
Commercial
Property Sub Type
Retail

Property Description

City of Champions Revitalization - RAM 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 Ram Stadium and the massive Inglewood entertainment, office, retail and residential development. A Long term lease is in place to support the $87,000 annual triple net income with 2% annual cost of living adjustments. 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 a projected 5% cap with increasing returns starting the first year and every year there after. True triple net lease with tenant paying taxes, insurance and general maintenance. Landlord paying for gas to go the bank....

Additional Information

Lot Description
Smoke Detector, Wired for Alarm System
Roof
Composition
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of Re/Max Estate Properties.

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.