The Mowery Group Logo
519 Hindry Avenue Inglewood, CA - Image 1519 Hindry Avenue Inglewood, CA - Image 2519 Hindry Avenue Inglewood, CA - Image 3

$6,650,000

0 Beds 0 Baths 14,936 SQFT 0.57 Acres
Type: Multi-Family

519 Hindry Avenue
Inglewood, CA 90301

MLS#: 24403943
Amy Paredes Photo
Amy Paredes
Mowery Group
Real Estate Expert
Agent Cell: 909.446.2540
Office Phone: 909.351.5562
Presented by: Brice Head with CBRE, Inc.;

Property Description 

PRICED TO SELL AT A 5% CAP NNN. "2025" CAP RATE WILL BE 5.7%.HIGH FUNCTIONALITY AND OBVIOUS LOGISTICAL STRENGTHS THAT CANNOT BE REPLICATED IN OTHER BUILDINGS. OR IN OTHER GREATER LA SUBMARKETS.One of the most sought-after locations in Greater LA, for industrial tenants, particularly logistics, auto body and supporting services for the aircraft and rental car industries, situated perfectly between the 405 Fwy. and LAX.A block from the NEW, "future entrance to LAX", aka the $6B Intermodal Transportation Facility - a 3MM sq. ft. hub of parking, rental cars, concessions and access to-and-from LAX's 9 aircraft terminals. Once fully operational, travelers will enter and exit LAX through this facility - riding a tram along Century Blvd., to-and-from the terminal buildings.519 S. Hindry aka 5 Star Doggie Inn (7,762 sq. ft. on a 11,471 sq. ft. lot):A build-out of warehouse, boarding and office with a secured, rear yard and ample parking in front. Currently paying $13,200 per month. THIS TENANT IS ON A MONTH-MONTH RENTAL AGREEMENT. Immediate flexibility for a Buyer. Market rent estimated at $14,500 per month.523 S. Hindry aka Auto Body Pros (7,174 sq. ft. on a 13,141 sq. ft. lot):A large warehouse-type structure, with a newer roof, housing an auto repair and body shop. And 2 PERMITTED SPRAY BOOTHS ALSO - RARE AND HARD TO ESTABLISH, IF YOU WERE A NEW TENANT IN LA. This amenity has significant inherent value. Currently paying $13,978 per month. Market rent estimated at $17,250 per month - this lease jumps to "market" May 2025.Current NNN income $326,136 per year. Market NNN income May 2025 could be $381,000!Just Reduced $850,000.PRICED TO SELL AT $6,650,000.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths0
Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories0

General

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.9
Carport Y/NNo
CityInglewood
CoolingNone
CountyLos Angeles
Days on Market118
DirectionsHillcrest Blvd & Hindry Ave
Electric On Property Y/NNo
Full Baths0
Garage Y/NNo
Gross Income326136.0
HeatingNone
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet24612.0
Lot Size UnitsSquareFeet
MLS Area101 sqft
MobileHomeRemainsYNNo
Net Operating Income326136.0
New ConstructionNo
NumberOfUnitsTotal2
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
View Y/NNo
Waterfront Y/NNo
Year Built1951
ZoningINM1*

Exterior

Building Area Total14,936 sqft
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.565
Lot Size Area24,612 sqft
Lot Size SourceOther
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesPrivate
SpaNo
Total Parking0.0

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$6,650,000

0 Beds 0 Baths 14,936 SQFT 0.57 Acres
Type: Multi-Family

519 Hindry Avenue
Inglewood, CA 90301

MLS#: 24403943
Amy Paredes Photo
Amy Paredes
Mowery Group
Real Estate Expert
Agent Cell: 909.446.2540
Office Phone: 909.351.5562