$3,999,000
FOR SALEActive945 S Prairie Avenue
Inglewood CA 90301
8,357
SF
Commercial
Type
1969
Built
$479/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Extraordinary opportunity to acquire the fee simple interest (land & building ownership) in a 8,357 SF mixed-use retail center in the heart of Inglewood's Entertainment District (Los Angeles MSA). The property is exceptionally located across from the main entrance to SoFi Stadium, the largest stadium in the NFL, with a capacity of 70,000 to 100,000, and was ranked the No. 1 stadium in the world for top-grossing concert and live event ticket sales in 2023. The improvements consist of 8,357 square feet of gross building area within 2 stories situated on 17,170 SF land with great Visibility/Access on Prairie Avenue (main north/south avenue directly adjacent to Hollywood Park Development) with arterial traffic counts of 35,000 CPD. Large swath and variety of uses, including Retail, Office, Restaurant, and Parking Facilities (surface, subsurface, or structured) for use by adjacent businesses, permitted within the General Commercial C2, Medical, and/or TCO Zoning. There are 14 suites, of which all will be delivered vacant for an Owner/User and SBA Financing eligible, providing the ability to acquire the land & building with minimum 10-15% down payment requirement, at over 8300 existing rentable square feet with the ability for own/user to occupy 51% per SBA Guidelines while being able to lease the other over 4,000 SF (49%) for income. The Development Standards allow for substantial development on the site. Up to 75-foot (or six story) height limit with up to 70% site coverage. Positioned for Long-Term Success; On-axis with Hollywood Park Development, the largest urban mixed-use development under construction in the Western United States, with every aspect of the 300-acre development thoughtfully curated and tailor-made to thrive in today's evolving mixed-use environment, and within premium walking distance to and from the main entrance to SoFi Stadium for pre & post-event tourism, foot traffic, and event parking.
Property Information
Property Overview
Commercial
Property Type
Active
Status
INC2YY
Zoning
0.394 acres
Lot Size
8,357 SF
Square Footage
$478.52/SF
Price per SF
1,969
Year Built
2
Stories
21
Parking Total
2.51
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Investment Metrics
Data not available.
Similar Commercial Properties
$1.5M66d
3,840 SF•Retail951 S LA BREAInglewood, CASoCal Homes, Inc. | DRE# 01923098$2.0M61d
5,688 SF•Retail979 S La Brea AvenueInglewood, CAColdwell Banker Hallmark | DRE# 00879273$2.0M15d
345 SF•MixedUse472 S Market StreetInglewood, CAColdwell Banker Tri-Counties R | DRE# 02257609$2.4M37d
10,396 SF•MixedUse139 W Arbor VitaeInglewood, CAKeller Williams - Eagle Rock | DRE# 01886951$580K22d
1,224 SF•Retail9326 S WesternLos Angeles, CAGreen World Realty | DRE# 01055292$795K148d
2,536 SF•MixedUse8920 S WesternLos Angeles, CAEVANS FINANCIAL NETWORK | DRE# 01108617$2.0M77d
4,191 SF•CommercialSale8733 La Tijera Boulevard 8733/8735Los Angeles, CAProfessional Real Estate Servi | DRE# 00910859$895K1589d
2,480 SF•Retail9220 S VERMONT AvenueLos Angeles, CACOAST AND COUNTRY REAL ESTATE | DRE# 00367310$695K476d
2,546 SF•CommercialSale9128 Menlo Avenue -Los Angeles, CAMORE® | DRE# 01983001$2.7M174d
7,404 SF•Retail16008 S WesternGardena, CAKoa Properties | DRE# 01156662$2.1M115d
6,159 SF•CommercialSale2021 W Jefferson BoulevardLos Angeles, CASperry Van Ness | DRE# 01249675$599K116d
2,198 SF•CommercialSale1956 W Jefferson BoulevardLos Angeles, CABarrington Realty & Mortgage | DRE# 01496656$899K4d
3,693 SF•MixedUse1538 W 166thGardena, CACentury 21 Coastal Properties | DRE# 01067072$975K215d
3,178 SF•CommercialSale9022 Compton AvenueLos Angeles, CABeverly & Company Luxury Properties | DRE# 02188670$899K256d
3,329 SF•MixedUse16401 -16407 S New HampshireGardena, CAThe Innate Group, Inc | DRE# 00802180$999K104d
4,546 SF•CommercialSale1452 W 35th StreetLos Angeles, CAKW Westside Estates | DRE# 02441243$2.1M150d
8,532 SF•HotelMotel825 W GardenaGardena, CASage Real Estate Group Inc | DRE# 01941349$1.7M635d
7,000 SF•CommercialSale830 W Gardena BoulevardGardena, CARodeo Realty | DRE# 01988669$725K82d
300 SF•Office1300 Highland 210Manhattan Beach, CAStrand Hill Properties | DRE# 01089100$650K82d
300 SF•Office1300 Highland 200Manhattan Beach, CAStrand Hill Properties | DRE# 01089100$899K11d
300 SF•CommercialSale1300 Highland Avenue 108Manhattan Beach, CADream Realty & Investments Inc | DRE# 01358906$2.9M201d
SF N/A•UnimprovedLand1146 W 35thLos Angeles, CALyon Stahl Investment Real Estate, Inc. | DRE# 01981597$4.4M704d
19,292 SF•Industrial400 W Alondra BoulevardGardena, CACENTURY 21 MASTERS | DRE# 01993324$11.9M1544d
10,032 SF•CommercialSale9432 Venice BoulevardCulver City, CALambert Investments, Inc. | DRE# 00860625$2.6M378d
3,350 SF•MixedUse179 -181 CulverPlaya Del Rey, CAHampton Realty & Investment | DRE# 01441445
Recent commercial sales in Inglewood
Sold $840,000SOLD1,953 SF•Office3015 W 85thSold Oct 2026Keller Williams R. E. Services | DRE #01216376Buyer's agent: Yair Haimoff, Spectrum Commercial Real Estate, Inc. | DRE #01414758
Sold $550,000SOLD2,410 SF•Multi Family•5 units405 Edgewood StreetSold Aug 2026Pak Home Realty | DRE #01724254Buyer's agent: Maria DeJesu De Santiago, Pak Home Realty | DRE #01724254
Sold $595,000SOLD1,237 SF•Office•2 units8414 CrenshawSold Aug 2026RE/MAX 2000 REALTY | DRE #02083204Buyer's agent: Benjamin Bevill, BerkshireHathaway HomeServices | DRE #02033028
Sold $1,775,000SOLD6,936 SF•Multi Family•14 units503 S Fir AvenueSold Jun 2026Gold Miners Investments, Inc. | DRE #01378868Buyer's agent: Gustavo Ungo, Seville Properties | DRE #00648439
Sold $795,000SOLD3,219 SF•Mixed Use426 W Arbor Vitae StreetSold Jun 2026Ko Tai Realty | DRE #00931498Buyer's agent: Alan Friedman, Ko Tai Realty | DRE #00931498
Sold $235,000SOLD1,449 SF•Office8440 CrenshawSold Apr 2026NextHome Bella Properties | DRE #01276622Buyer's agent: Emmitt Hayes, Hayes Realty | DRE #01518213
Closed commercial sales reported, newest first.