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$1,850,000
Est. payment /mo
12 Beds
12 Baths
3,168 SqFt
UPDATED:
10/31/2024 06:38 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $583
MLS Listing ID 24-458803
Bedrooms 12
Year Built 1961
Lot Size 3,951 Sqft
Acres 0.0907
Property Description
Elijah Suval and Daniel Hirth of The Hirth Group have been exclusively selected to market for sale 1237 S. flower Street, Inglewood, CA 90301 - a versatile 3,168 SF commercial property situated on an estimated 3,951 SF lot. Currently operated as an investment property, it offers 12 individual offices, each equipped with a vanity, toilet, and walk-in shower. With all tenants on short-term leases, a new owner has the flexibility to quickly implement their vision for the property. The site features 7 gated parking spaces (6 regular + 1 handicap) and ample street parking. Given the zoning the property offers various redevelopment or Adaptive Reuse opportunities, including potential uses as a boutique hotel, transitional housing, or for medical purposes. This is an exceptional opportunity to acquire rare, generational asset in one of the nation's most prolific submarkets.1237 S. Flower Street, Inglewood CA 90301 is uniquely located walking distance from all of Inglewood's newest and biggest tourist attractions, some of which include SoFi Stadium, Intuit Dome, Hollywood Park Casino, and The Forum. Located right off West Century Boulevard, the subject property benefits from a quiet, hidden location, making it perfect for office space or a motel conversion opportunity. 1237 S. Flower Street is also just minutes away from I-405 FWY, the LAX Airport, the K Line (Crenshaw/LAX line), and upcoming Inglewood Transit Connector, showcasing easy access for tenants and employees. In total, Inglewood offers significant potential for investors due to its proximity to major development projects, easy access to transportation hubs, and versatile zoning. With the economic growth in the area and increasing demand for both commercial and residential spaces, this property presents an opportunity to capitalize on the upward trajectory of Inglewood's real estate market.
Location
State CA
County Los Angeles
Area South Inglewood
Zoning INC2YY
Exterior
Garage Spaces 7.0
Building
Story 2
Others
Special Listing Condition Standard
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Listed by KW Advisors