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.
Features
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Address Map
U.S.
California
Los Angeles
Inglewood
90301
519 Hindry Avenue
0
W119° 37' 33.6''
N33° 57' 24.5''
MLS Addon
$0
14,936 Sqft
: No
: No
4.9
118
Hillcrest Blvd & Hindry Ave
: No
0

Residential Income For Sale Inglewood

519 Hindry Avenue, Inglewood, Los Angeles, California, 90301

14,936 Sqft
Visits : 8 in 98 days
$6,650,000
Listing ID #24403943
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24403943
Price : $6,650,000
Square Footage : 14,936 Sqft
Year Built : 1951
Lot Area : 24,612 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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