Commercial property
Listing Agent: David Weinberger (DRE #01349349) · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Non-member 999999 · Non-member Office · MLS #23292393 · Source: CRMLS
11606 Inglewood Avenue was built in 1959 and consists of two structures totaling 2,468 SF on a 5,669 SF lot and will be delivered vacant. The front structure has a bathroom, an office, and a large warehouse for machinery. The back structure is an open warehouse ideal for storage, car parts, or cars. This opportunity is ideal for an owner/user who can purchase the building to run their business or an Investor who can renovate and dictate the market rents they can achieve on a NNN basis. 11606 Inglewood Ave is an excellent opportunity for Investors to acquire a property to reposition with a new tenant base and increase market rents on a NNN basis as well as the potential for a Partial Owner/User to run their business. Hawthorne is rapidly becoming the area of choice for prominent companies such as Tesla, Space X, Triumph Aerostructures, 9 to 5 Seating, and a new Ring headquarters being built.
Listing description from the October 2023 sale, as reported to CRMLS.