Inglewood, CA 90302 707 N La Brea Avenue

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Presented By: Peter Bledsoe with Realty Executives Westside;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24440821
  • 09/18/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 4,650

Home Details

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.
Presented By: Peter Bledsoe with Realty Executives Westside;

Interior Features for 707 N La Brea Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories1

General for 707 N La Brea Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityInglewood
CountyLos Angeles
DirectionsSouth of Centinela Avenue; North of Florence Avenue; West of North Prairie Avenue; East of West Beach Avenue
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4343.0
Lot Size UnitsSquareFeet
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces23.0
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1956
ZoningINC3*

Exterior for 707 N La Brea Avenue

Building Area Total4650.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0997
Lot Size Area4343.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking23.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,895,000
MLS#24440821
List Date 09/18/2024
Property Type Commercial
Phone 714.742.6515
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