Inglewood Portfolio of properties for Sale - Inglewood/South LA
The Properties:
Elijah Suval of Capital Bridge Real Estate Advisors and Daniel Hirth of The Hirth Group have been exclusively selected to market for sale the McCormick Portfolio, a rare two-property offering in the heart of Inglewood, available as a package or individually. The portfolio consists of 431 E. Hillcrest Boulevard, a freestanding ±1,600 SF office property used by McCormick Ambulance for office operations, employee accommodations, and ambulance parking with approximately 10 on-site parking spaces, and 3738 W. Imperial Highway, a ±2,190 SF mixed-use property featuring a McCormick Ambulance retail suite, one studio unit, one one-bedroom/one-bathroom unit, billboard income, and a one-car garage that may offer future ADU conversion potential.
Both properties are anchored by McCormick Ambulance Company, a Southern California institution with roots dating to 1962 in the South Bay, distinguished as the first organization in California to deploy certified paramedics and a key contributor to the founding of Los Angeles County's original mobile cardiac care ("heart car") program. McCormick — an American Medical Response / Global Medical Response company — remains one of the region's major private EMS providers and has occupied both sites for just under 20 years under specialized Conditional Use Permits (CUPs) that are extremely difficult to replicate, making relocation impractical. The NNN leases at both locations run through June 30, 2027, with renewal options at fair market rent, offering investors a contractual rent-reset event in under twelve months. The portfolio carries a combined cap rate of 6.54% and presents a perfect investor or 1031 exchange opportunity.
Location:
431 E. Hillcrest Boulevard and 3738 W. Imperial Highway, Inglewood, CA are strategically located in one of Los Angeles' most growth-oriented submarkets. Inglewood has undergone a remarkable transformation into a major sports, entertainment, and development hub, driven by billions of dollars in public and private investment. The city is home to SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park Casino, and the broader nearly 300-acre Hollywood Park development, which includes approximately 2,500 residences alongside extensive retail, office, hospitality, entertainment, and public open space. New multifamily development is also reshaping the surrounding community, with new apartment projects underway throughout Inglewood, including projects along the Florence Avenue and La Brea Avenue corridors and additional residential development within Hollywood Park.
The continued expansion of Hollywood Park, new hotel development, ongoing retail openings, and investment in the revitalization of Downtown Inglewood and Market Street further reinforce the city's long-term growth trajectory. With Inglewood positioned on the global stage for major events including the 2027 Super Bowl and the 2028 Olympic Games, the properties offer investors an opportunity to acquire real estate in a city experiencing significant investment, development, and international exposure.
