Active

707 N La Brea Avenue

Inglewood CA, 90302

$2,100,000


$451.61 per sqft

Active

4,650 sqft

Commercial

Built in 1956

Listed by Peter Bledsoe with Realty Executives Westside 310-737-1992

This spacious approximately 4800 square foot stand-alone two-story Office Commercial Building situated on the corner of N. La Brea Avenue and Hazel Street consist of two prime highly visible Inglewood lots. (707 N. La Brea Avenue APN 4016-008-002 AND 701 N. La Brea Avenue APN 4016-008-001). Regarding the current offices of The Service Company Real Estate Brokerage, the building appears to be ideal for general office functions, medical or dental facilities, an administrative headquarters for various commercial and / or non- profit entities. With twenty-three (23) parking spaces the site is ideal as a corporate headquarters, private educational learning center, or law offices. The property has four offices on the second floor, central heating and air conditioning, four bathrooms, a separate eating / breakroom area, and two conference rooms. The property appears to have an Inglewood Commercial 3 (INC3) zoning which portends that a development opportunity may be in the offing. As the City of Inglewood has experienced a renaissance in recent years of development, the Sofi stadium Intuit Dome, this location is prime for the discerning investor. Walking distance to various businesses such as 7-Eleven, El Polo Loco Restaurant, Ralph's Grocery Store, Popeye's Chicken among other eateries. Located adjacent to the California Department of Motor Vehicles on a high traffic thoroughfare. Access to rapid transit, and 405 and 105 freeways. Property is sold in its' present condition. Seize this growth opportunity in this developing corridor to the enterprise zone neighborhoods. This is a Probate sale with full authority of a one-third interest in the property with no overbid. Sale is subject to a property swap. Possession shall be delivered vacant at the close of escrow or as agreed mutually between the successful buyer and seller. The seller may require additional time after the sale to relocate to a suitable replacement location. Buyer to rely solely on Buyer's independent investigations. Drive by only! Do not disturb occupants. Property is sold in its current condition. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on Buyer's inspections and investigations. Property is sold for All Cash, or terms and conditions acceptable to the Seller. The seller shall select all services, including escrow and title services. Please contact listing agents for more information. 1031 EXCHANGE: Buyer is aware that Seller intends to perform an IRS Section 1031 tax-deferred exchange. Seller requests Buyer's cooperation in such as exchange and agrees to hold Buyer harmless from any and all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.

24440821

MLS ID

September 18, 2024

Listed

October 4, 2024

Updated

Map

707 N La Brea Avenue
Inglewood CA, 90302

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.1 Acres

Other Property Details

Area Name

101 - North Inglewood


Days on Market

1


Garage

No


Parking Total

23


View

No


County

Los Angeles


Pool

No


Zoning

INC3*

Listing Contact: 310-737-1992 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 1:46 AM UTC

 

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