Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

10500 S Prairie Ave 4,517 SF 100% Leased Retail Building Inglewood, CA 90303 $14,516,251 CAD ($3,213.69 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 10500 S Prairie Avenue is the primary address of a grouping of five land parcels being sold together as a redevelopment opportunity.
  • Totaling 42,680 square feet, this redevelopment site is in a high-traffic, high-visibility realm and corner location.
  • In a prime location convenient of the Century 105 Freeway enabling further connectivity throughout SoCal.
  • Whether for retail, hospitality, or mixed-use development, this commercial lot offers an unparalleled opportunity.

EXECUTIVE SUMMARY

10500 S Prairie Avenue presents five parcels being sold together, 4032-016-004, 005, 006, and 007, with the land value included in the price.

Vismar Real Estate is pleased to present the remarkable commercial opportunity with this expansive lot comprised of five 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
$14,516,251 CAD
Price Per SF
$3,213.69 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.97 AC
Zoning
INC2YY - Commercial
Parking
75 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
325’ on S Prairie Ave

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Very Walkable (78)
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

Starbucks
Northgate Gonzalez Market
The Camp Transformation Center
U.S. Bank
California Credit Union
Chase Bank
Yoshinoya
Chili's Grill & Bar
Red Lobster
Flame Broiler

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4032-016-005
  • 4032-016-006
  • 4032-016-032
  • 4032-016-007
  • 4032-016-004
Land Assessment
$1,788,482 CAD
Improvements Assessment
$52,280 CAD
Total Assessment
$1,840,761 CAD
  • Listing ID: 32971754

  • Date on Market: 2024-08-27

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}