GREAT INVESTMENT OPPORTUNITY IN INGLEWOOD - OFFERING MEMORANDUM 4017-4025 W 111th St | Inglewood, CA, 90304
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GREAT INVESTMENT OPPORTUNITY IN INGLEWOOD 4017-4025 W 111th St | Inglewood, CA, 90304 OFFERING MEMORANDUM
Great Investment Opportunity in Inglewood
CONTENTS
01 Executive Summary
Investment Summary
Unit Mix Summary
Location Summary
02 Property Description
Property Features
Property Images
03 Financial Analysis
Income & Expense Analysis
04 Demographics
Demographics
Demographic Charts
Exclusively Marketed by:
Stephen Takahashi Johnnie Stiegler
First Vice President First Vice President
(310) 403-9145 (310) 447-2213
Stephen@lyonstahl.com Johnnie@lyonstahl.com
Lic: 01944770 Lic: 01981597
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other
conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your
own investigation of the property and transaction.
Great Investment Opportunity in Inglewood | Executive Summary
01
................................................
Unit Mix Summary
Location Summary
Investment Summary
Executive Summary
GREAT INVESTMENT OPPORTUNITY IN INGLEWOOD
Great Investment Opportunity in Inglewood Investment Summary | 04
OFFERING SUMMARY
ADDRESS 4017-4025 W 111th St
Inglewood CA 90304
COUNTY Los Angeles
BUILDING SF 6,627 SF
LAND SF 16,225
LAND ACRES 0.3725
NUMBER OF UNITS 9
YEAR BUILT 1968
APN 4035-016-016
FINANCIAL SUMMARY
OFFERING PRICE $2,625,000
PRICE PSF $396.11
PRICE PER UNIT $291,667 Investment Summary
OCCUPANCY 95.00 %
NOI (CURRENT) $98,936 • 4017 W 111th St is an excellent opportunity for one in a 1031
exchange, developer, and/or buyer looking to invest in the rapidly
NOI (Pro Forma) $168,836 developing city of Inglewood. Located within walking distance from
multi-billion dollar projects such as So-Fi Stadium, the Forum, and
CAP RATE (CURRENT) 3.77 %
the future Clippers stadium, this property supports high rental
CAP RATE (Pro Forma) 6.43 % income, where rents are trending up. Situated on a large 16,200 sq
GRM (CURRENT) 15.85 ft lot across from the upcoming Hilton Tru Hotel, the C2A zoning
offers a unique opportunity to develop. On top of commercial zoning
GRM (Pro Forma) 11.39
allowances, one has the option to develop projects tied to LAX.
Tenants enjoy ample space and privacy where the 9 units are
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE spread out and consist of a 4-plex, two duplexes, and a single
family house. The subject property offers plenty of parking with 5
2020 Population 55,768 314,478 814,296
garages(total of 8 spaces), 4 carports, plus surface/uncovered
2020 Median HH Income $46,233 $53,325 $58,850 parking. The subject property has easy access to 105 fwy, 405 fwy,
2020 Average HH Income $61,012 $71,250 $89,780 and LAX. An investor can also explore the possibility of adding two
bonus units increasing the investment to over a 6% CAP
rate!**Buyer to Verify** Lastly, the revitalization of Inglewood has
just begun. With events such as the 2022 Super Bowl and 2028
Olympics, Inglewood’s becoming a mecca for entertainment in Los
Angeles. Don’t miss out on this opportunity!
Great Investment Opportunity in Inglewood Unit Mix Summary | 05
Actual Market
Unit Mix # Units Square Feet Current Rent Rent PSF Monthly Market Market Rent PSF Market
Income Rent Income
1 bd + 1 ba 1 0 $1,325 $1,325 $1,625 $1,625
1 bd + 1 ba 1 0 $1,400 $1,400 $1,625 $1,625
1 bd + 1 ba 1 0 $1,350 $1,350 $1,625 $1,625
1 bd + 1 ba 1 0 $1,350 $1,350 $1,625 $1,625
3 bd + 2 ba 1 0 $2,250 $2,250 $2,850 $2,850
1 bd + 1 ba 1 0 $1,325 $1,325 $1,625 $1,625
2 bd + 1 ba 1 0 $1,560 $1,560 $1,895 $1,895
2 bd + 1 ba 1 0 $1,550 $1,550 $1,895 $1,895
2 bd + 1 ba 1 0 $1,695 $1,695 $1,895 $1,895
Studio + 1 ba 1 0 $0 $0 $1,225 $1,225
Studio + 1 ba 1 0 $0 $0 $1,225 $1,225
Totals/Averages 11 0 $1,255 $13,805 $1,737 $19,110
Great Investment Opportunity in Inglewood Location Summary | 06
Los Angeles County Regional Map
• The most heavily populated county in the country is Los Angeles
County with approximately 9.9 million people, including about 1
million that live in unincorporated areas of the county. The
metropolis - formed by the six neighboring counties of Los Angeles,
Ventura, Kern, San Bernardino, Riverside, and Orange - is home to
approximately 19 million residents. Los Angeles County is home to
one of the most educated labor pools in the country and offers a
labor force of more than 4.7 million, of which more than 1.5 million
are college graduates. Los Angeles County has the largest
population of any county in the nation, exceeded only by eight
states. According to the United States Conference of Mayors, Los
Angeles County boasts a GDP among the twenty largest in the
world. Los Angeles County’s continued economic growth, in
contrast to other areas of the state and nation, is due to its
diversified economy and abundant, well-trained workforce.
• Los Angeles County is well located on the Southern Coast of the
California, and covers 4,061 square miles, including the San
Clemente and Santa Catalina islands. The County is comprised of
approximately 88 vibrant and diverse cities hosting more than
244,000 business establishments— the greatest concentration in Locator Map
the state. Los Angeles County has a Gross Domestic Product
(GDP) of approximately $446 billion - placing it among the top 20
economies in the world. The combined GDP of Los Angeles and its
five surrounding neighboring counties places it in the top 10.
California is generally considered to be in the top five.
• If Los Angeles County were its own nation, its economy would be
the 18th largest in the world. It is home to more than 244,000
businesses, with more minority and women owned businesses than
any other in the nation and is the nation’s top international trade
center and manufacturing center. Los Angeles is recognized
worldwide as a leader in entertainment, health sciences, business
services, aerospace and international trade. Because the Los
Angeles area is so large and diverse, it has something to offer to
everyone. While Hollywood and the Los Angeles beach culture are
part of our collective image of Los Angeles, the city also has more
museums than any other city and some of the best hotels in the
world are located in Los Angeles.
LOC ATIO N
OV E RV I EW INGLEWOOD
Inglewood is a city in the South Bay region of Los Angeles
bordered by Westchester and LAX, Hawthorne and Ladera This momentum helped to spur new development,
Heights with a population of 109,670. Inglewood real particularly in the northwest corner of the submarket
estate values have gone up 10.1% over the past year and where it abuts Culver City. However, the pandemic
the median price of homes currently listed in Inglewood is and subsequent economic upheaval are undercutting
$480,000. apartment demand, and new high-end projects are
delivering in a challenging leasing environment.
The Inglewood Unified School District serves residents.
Wilder’s Preparatory Academy Charter School is the best Speculative buying around the stadium sites has been
public elementary school in the city and high schools include ongoing for several years. More than $400 million in
Inglewood High, Morningside High, City Honors High, and multifamily trades took place in the submarket in
Hillcrest High School. Private schools include St. Mary’s 2019, an all-time high.
Academy and St. John Chrysostom Elementary School.
The NFL and NBA stadium complex will be a
Prior to the coronavirus outbreak, the impending arrival of centerpiece of Los Angeles' 2028 Olympic Games,
NFL and NBA stadiums in Inglewood was breathing new life so Greater Inglewood should continue to garner
into Inglewood as it took its place on the national sports attention in coming years. D
and entertainment map. SoFi Stadium hosted its first
NFL game in 2020 and construction will soon begin
on a new home for the NBA's Clippers. Meanwhile,
construction on the Metro K Line will connect the area
to LAX and L.A.'s wider public transit network.
4017-4025 W 111th St, Inglewood 4017-4025 W 111th St, Inglewood
MAJOR DEVELOPMENT PROJECTS
SoFi Stadium
SoFi Stadium is an unprecedented and unparalleled sports and entertainment
destination built in Inglewood, CA, by Los Angeles Rams Owner/Chairman E.
Stanley Kroenke. The first indoor-outdoor stadium to be constructed, SoFi Stadium
is the home of the Los Angeles Chargers and the Los Angeles Rams. The state-of-
the-art stadium re-imagines the fan experience and will host a variety of events
year round including Super Bowl LVI in 2022, the College Football Championship
Game in 2023, and the Opening and Closing Ceremonies of the Olympic Games in
2028. Located on the site of the former Hollywood Park racetrack, the stadium is
the centerpiece of a 298-acre mixed-use development featuring retail, commercial
office space, a hotel, residential units, and outdoor park spaces.
Clippers Arena
Crenshaw/LAX Transit Project The Inglewood Basketball & Entertainment Center will revitalize mostly vacant
land under the flight path of LAX into a vibrant campus. The project is targeted
Metro’s Crenshaw/LAX Transit Project will extend light rail transit service from the services. The project includes the Southwestern Yard Maintenance Facility, a facility with for completion by fall of 2024, following the expiration of the Clippers’ STAPLES
existing Metro E Line (Expo) at Crenshaw and Exposition Boulevards in Los Angeles, and the capacity to service and store up to 70 light-rail vehicles (LRV). This facility will serve Center lease. The Inglewood Basketball & Entertainment Center will revitalize
merge with Metro C Line (Green) at the Aviation/LAX Station on Aviation Boulevard and the new Crenshaw/LAX Project and the existing Metro C Line (Green), housing general mostly vacant land under the flight path of LAX into a vibrant campus. The Clippers
Interstate 105 in the City of El Segundo. The line will travel 8.5 miles and serve the cities administration, operation and support services. The facility will be equipped to perform campus aims to achieve net zero greenhouse gas emissions through a combination
of Los Angeles, Inglewood and El Segundo. inspections, body and heavy repairs, and cleaning and washing of Metro’s growing LRV of carbon offset credits and sustainable design features.
fleet.
Once in operation, this line will offer additional transportation options to congested The project is being developed by Wilson Meany, a developer heralded for its
roadways and provide significant environmental benefits, economic development and Metro is also constructing a transit station that will connect LAX to the regional rail transformative mixed-use residential, retail, office and master-planned properties.
employment opportunities throughout LA County. Riders will have easier connections system. The Airport Metro Connector (AMC) transit station at Aviation Bl and 96th St will The Clippers say the project would generate $268 million in “economic activity”
within the Metro Rail system, municipal bus lines and other regional transportation provide a direct connection to LAX’s future Automated People Mover (APM). and $190 million in tax revenue from 2020 to 2045. (nba.com, la.curbed.com)
4017-4025 W 111th St, Inglewood 4017-4025 W 111th St, Inglewood
D E V E LO PM E NT S
NFL MEDIA AT HOLLYWOOD PARK ARYA HOTEL
900 District Drive 3820 W. 102nd Street
A five-star luxury hotel is planned on a site directly adjacent to Inglewood Basketball and
The NFL Media building is an approximately 400,000 square-foot Entertainment Center (IBEC). The state-of-the art 14-story, 300-room hotel will feature
tech office complex within Hollywood Park. The main building outdoor gardens, a rooftop pool and entertainment venue, a helicopter pad, and a modular
features a stunning ground floor lobby, a shared rooftop deck for all parking structure. Environmental review is to be completed.
tenants, a private terrace on each floor with views into SoFiStadium,
and an outdoor broadcast facility. Over 200 employees of NFL
Media will occupy this new headquarters in Summer of 2021; other
tenants are in negotiations.
HILTON TRU HOTEL
11111 S. Prairie Avenue
A 120-room, six story hotel is approved. The planned hotel includes
a rooftop deck with Jacuzzi and outdoor fireplaces, lush outdoor
gardens, and public art installations. Completion is estimate for
H OTE L
Spring 2022.
LA PHIL YOLA CENTER
101 S. La Brea Avenue
The $14.5 million project designed by Frank Gehry, the world- HOLLYWOOD PARK HOTEL
renowned architect of Walt Disney Concert Hall, in collaboration
with Gustavo Dudamel, is a light-filled, flexible facility for rehearsals, 3820 W. 102ndSt.
classes, and performances. YOLA Center will serve up to 500 young A five-star luxury hotel is planned on a site directly adjacent to Inglewood Basketball
N EW
musicians a year and host music educators from across the U.S. and and Entertainment Center (IBEC). The state-of-the art 14-story, 300-room hotel will
around the world. Completion is slated for 2022. feature outdoor gardens, a rooftop pool and entertainment venue, a helicopter pad,
and a modular parking structure. Environmental review is to be completed.
4017-4025 W 111th St, Inglewood 4017-4025 W 111th St, Inglewood
N EW H OU S I N G D E V E LO PM E NT S
GRACE PARK TOWNHOMES
333 N Prairie Avenue
THE RESIDENCES AT HOLLYWOOD PARK
900 District Drive
The development includes 226 stand-alone condominium
townhomes. Approximately half of the units and the
Slated for completion in 2022, 314 units are under construction at
recreational facilities will be built by Pulte Homes for
Hollywood Park, all featuring elegant interiors, high ceilings, ample
completion by late 2021, and the remaining units will
natural light, and storage. Amenities include a landscaped pool and
be developed by KB Homes. To date, the majority of the
spa terraces, roof decks, fitness studios, and work-from-home nooks.
completed homes have been sold.
CENTINELA APARTMENTS
MARKET GATEWAY
417 Centinela Avenue
317 E Regent Street
Slated for completion in Spring 2021, this yet-to-be-named 116-
A mixed use development is under construction with
unit apartment building including six affordable units, is under
243 apartments,a rec room, leasing office and fitness
construction. Just east of Downtown Inglewood, a cluster of long-
center. Anchored by a grocery-focused Target store, the
empty buildings have made way for a multifamily residential
development includes over 48,000 square feet of retail
development. The project site is owned by a Long Beach entity called
and restaurant space. Expected completion is January
MPD Realty, Inc. State records link the company to the Japanese real
2022.
estate development firm Sanei Architecture Planning Co.
4017-4025 W 111th St, Inglewood 4017-4025 W 111th St, InglewoodCOMMUTER OVERVIEW
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W 120TH ST
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R-1, RESIDENTIAL SINGLE FAMILY C-3, HEAVY COMMERCIAL C-N, NEIGHBORHOOD COMMERCIAL
HOLLYWOOD PARK SPECIFC PLAN ZONE C-R, COMMERCIAL RECREATION HC, HISTORIC CORE
City
of
R- 1 1/2, RESIDENTIAL LIMITED TWO FAMILY C-S, COMMMERCIAL SERVICE MU-1, TOD MIXED USE 1
R-1Z, RESIDENTIAL ONE FAMILY M-1, LIGHT MANUFACTURING MU-2, TOD MIXED USE 2
R-2, RESIDENTIAL LIMITED MULTI FAMILY M-1L, LIMITED MANUFACTURING MU-3, TOD MIXED USE 3
Hawthorne
MU-4, TOD MIXED USE 4
R-2A, RESIDENTIAL LIMITED MULTI FAMILY M-2, HEAVY MANUFACTURING Public Works Department
of El Segundo
µ
R-3, RESIDENTIAL MULTIPLE FAMILY P-1, PARKING MU-C, TOD MIXED USE CORRIDOR The City of Inglewood is the sole proprietor of the data and material
shown on this map. Any use or publication of this material is prohibited
and must be authorized by the City.
R-4, RESIDENTIAL MULTIPLE FAMILY C-C, CIVIC CENTER Neither the Resources Agency, City of Inglewood nor its contributors
City of Gardena
shall be heldliable for any improper or incorrect use of the information
R-M, RESIDENTIAL MEDICAL O-S, OPEN SPACE described and/or contained herein and assumes no responsibility for
anyone's use of the information. \\ing-data2\Inglewood\GIS\GISProj
C-1, LIMITED COMMMERCIAL S-1, SPECIAL CEMETERY Created by: GIS STAFF
\PlanBldg\Planning\PlanningCopymoved
\PlanBldg\Planning\Zoning\ZoningMaps\2017
Date: November 2017
\ZoningMap_11x17_RevNov2017.mxd
C-2, GENERAL COMMMERCIAL S-2, SPECIAL CEMETERY
For more information, call 310-412-5333
Lambert Projection
C-2A, AIRPORT COMMERCIAL T-C, TRANSPORTATION CORRIDOR 0.5 0.25 0
MilesGreat Investment Opportunity in Inglewood | Property Description
02
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Property Features
Pictures with Captions
Property Description
GREAT INVESTMENT OPPORTUNITY IN INGLEWOODGreat Investment Opportunity in Inglewood Property Features | 08 PROPERTY FEATURES NUMBER OF UNITS 9 BUILDING SF 6,627 LAND SF 16,225 LAND ACRES 0.3725 YEAR BUILT 1968 # OF PARCELS 1 ZONING TYPE C2A NUMBER OF STORIES 2 NUMBER OF BUILDINGS 4 LOT DIMENSION 153' by 106' CAP RATE 3.77% GRM 15.85
Great Investment Opportunity in Inglewood Property Images | 09
Great Investment Opportunity in Inglewood Property Images | 10
Great Investment Opportunity in Inglewood Property Images | 11
Great Investment Opportunity in Inglewood Property Images | 12
Great Investment Opportunity in Inglewood Property Images | 13
Great Investment Opportunity in Inglewood Property Images | 14
Great Investment Opportunity in Inglewood | Financial Analysis
03
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Income & Expense
Financial Analysis
GREAT INVESTMENT OPPORTUNITY IN INGLEWOODGreat Investment Opportunity in Inglewood Income & Expense Analysis | 16
INCOME CURRENT PRO FORMA REVENUE ALLOCATION
Gross Potential Income $165,660 $230,520
CURRENT
Less: General Vacancy $8,283 $11,526
Effective Gross Income $157,377 $218,994
Less: Expenses $58,441 $50,158
Net Operating Income $98,936 $168,836
EXPENSES Per Unit CURRENT Per Unit PRO FORMA
Real Estate Taxes $3,646 $32,813 $3,646 $32,813 DISTRIBUTION OF EXPENSES
Insurance $258 $2,319 $258 $2,319
CURRENT
Management Fee $920 $8,283 $0
Repairs & Maintenance $736 $6,626 $736 $6,626
Landscaping $133 $1,200 $133 $1,200
Utilities $800 $7,200 $800 $7,200
Total Operating Expense $6,493 $58,441 $5,573 $50,158
Expense / SF $8.81 $7.56
% of EGI 37.13 % 22.90 %Great Investment Opportunity in Inglewood | Demographics
04
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Demographics
Demographic Charts
Demographic Details
GREAT INVESTMENT OPPORTUNITY IN INGLEWOODGreat Investment Opportunity in Inglewood Demographics | 18
POPULATION 1 MILE 3 MILE 5 MILE HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Population 55,979 314,368 770,415 2000 Total Housing 14,877 105,913 268,399
2010 Population 54,760 307,411 785,982 2010 Total Households 14,037 99,449 256,661
2020 Population 55,768 314,478 814,296 2020 Total Households 14,190 101,055 263,738
2025 Population 55,932 316,412 821,175 2025 Total Households 14,156 101,209 264,724
2020 African American 7,998 107,763 235,560 2020 Average Household Size 3.91 3.08 3.06
2020 American Indian 423 2,047 4,757 2000 Owner Occupied Housing 4,181 36,794 112,369
2020 Asian 1,010 14,458 63,071 2000 Renter Occupied Housing 9,872 64,296 142,446
2020 Hispanic 44,752 166,427 386,288 2020 Owner Occupied Housing 3,922 35,127 108,062
2020 Other Race 24,764 85,920 201,446 2020 Renter Occupied Housing 10,268 65,928 155,676
2020 White 18,557 87,810 264,945 2020 Vacant Housing 841 6,447 17,471
2020 Multiracial 2,488 14,559 41,195 2020 Total Housing 15,031 107,502 281,209
2020-2025: Population: Growth Rate 0.30 % 0.60 % 0.85 % 2025 Owner Occupied Housing 4,058 35,834 110,096
2025 Renter Occupied Housing 10,097 65,375 154,628
2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
2025 Vacant Housing 932 7,124 18,978
less than $15,000 1,748 12,345 32,556
2025 Total Housing 15,088 108,333 283,702
$15,000-$24,999 1,841 9,982 23,889
2020-2025: Households: Growth Rate -0.25 % 0.15 % 0.35 %
$25,000-$34,999 1,725 10,442 24,193
$35,000-$49,999 2,215 14,155 31,564
$50,000-$74,999 2,891 19,037 44,298
$75,000-$99,999 1,623 12,487 30,217
$100,000-$149,999 1,353 13,930 37,361
$150,000-$199,999 433 4,953 17,471
$200,000 or greater 362 3,716 22,181
Median HH Income $46,233 $53,325 $58,850
Average HH Income $61,012 $71,250 $89,780
Source: esriGreat Investment Opportunity in Inglewood Demographics | 19 2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE 2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE 2020 Population Age 30-34 4,592 24,321 60,609 2025 Population Age 30-34 4,830 25,681 65,791 2020 Population Age 35-39 3,872 21,660 55,353 2025 Population Age 35-39 4,222 23,160 58,776 2020 Population Age 40-44 3,367 19,345 50,057 2025 Population Age 40-44 3,699 21,025 54,503 2020 Population Age 45-49 3,266 19,154 50,249 2025 Population Age 45-49 3,199 18,692 48,750 2020 Population Age 50-54 3,148 19,483 50,908 2025 Population Age 50-54 3,105 18,404 48,709 2020 Population Age 55-59 2,793 18,429 49,609 2025 Population Age 55-59 2,798 18,200 47,859 2020 Population Age 60-64 2,285 16,319 44,203 2025 Population Age 60-64 2,494 16,919 45,543 2020 Population Age 65-69 1,689 13,019 34,552 2025 Population Age 65-69 1,969 14,470 39,222 2020 Population Age 70-74 1,229 9,826 25,925 2025 Population Age 70-74 1,412 11,196 30,025 2020 Population Age 75-79 737 6,474 17,263 2025 Population Age 75-79 1,011 8,140 21,809 2020 Population Age 80-84 397 4,054 11,320 2025 Population Age 80-84 534 4,774 13,161 2020 Population Age 85+ 331 3,601 11,268 2025 Population Age 85+ 386 4,030 12,166 2020 Population Age 18+ 39,799 235,980 613,747 2025 Population Age 18+ 40,670 240,908 627,065 2020 Median Age 30 34 35 2025 Median Age 32 35 36 2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE 2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE Median Household Income 25-34 $50,035 $55,546 $59,130 Median Household Income 25-34 $53,094 $59,754 $65,030 Average Household Income 25-34 $60,736 $69,896 $77,882 Average Household Income 25-34 $67,444 $77,237 $88,308 Median Household Income 35-44 $48,389 $57,267 $67,509 Median Household Income 35-44 $54,126 $66,655 $77,099 Average Household Income 35-44 $67,953 $77,620 $98,869 Average Household Income 35-44 $77,286 $89,238 $111,300 Median Household Income 45-54 $56,120 $67,022 $78,676 Median Household Income 45-54 $60,982 $75,250 $86,845 Average Household Income 45-54 $71,570 $85,359 $114,193 Average Household Income 45-54 $80,595 $96,728 $128,249 Median Household Income 55-64 $50,011 $56,627 $64,533 Median Household Income 55-64 $53,216 $63,086 $72,965 Average Household Income 55-64 $59,292 $73,849 $99,999 Average Household Income 55-64 $67,057 $85,061 $113,729 Median Household Income 65-74 $35,750 $42,517 $47,085 Median Household Income 65-74 $37,756 $47,758 $52,127 Average Household Income 65-74 $46,274 $60,081 $73,283 Average Household Income 65-74 $51,729 $69,869 $84,963 Average Household Income 75+ $32,966 $45,101 $52,936 Average Household Income 75+ $36,977 $52,072 $61,496
Great Investment Opportunity in Inglewood Demographic Charts | 20
2020 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2020 Population by Race
1 Mile Radius 3 Mile Radius 5 Mile RadiusGreat Investment Opportunity in Inglewood Demographic Charts | 21
2020 Household Occupancy - 1 Mile Radius
2020 Household Income Average and Median
Average Income Median IncomeGreat Investment Opportunity in Inglewood
CONFIDENTIALITY and DISCLAIMER
The information contained in the following offering memorandum is proprietary and
strictly confidential. It is intended to be reviewed only by the party receiving it from
ST Group and it should not be made available to any other person or entity without
the written consent of ST Group.
By taking possession of and reviewing the information contained herein the recipient
agrees to hold and treat all such information in the strictest confidence. The
recipient further agrees that recipient will not photocopy or duplicate any part of the
offering memorandum. If you have no interest in the subject property, please
promptly return this offering memorandum to ST Group. This offering memorandum
has been prepared to provide summary, unverified financial and physical information
to prospective purchasers, and to establish only a preliminary level of interest in the
subject property.
The information contained herein is not a substitute for a thorough due diligence
investigation. ST Group has not made any investigation, and makes no warranty or
representation with respect to the income or expenses for the subject property, the
future projected financial performance of the property, the size and square footage of
the property and improvements, the presence or absence of contaminating
substances, PCBs or asbestos, the compliance with local, state and federal
regulations, the physical condition of the improvements thereon, or financial
condition or business prospects of any tenant, or any tenant’s plans or intentions to
continue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained from
sources we believe reliable; however, ST Group has not verified, and will not verify,
any of the information contained herein, nor has ST Group conducted any
investigation regarding these matters and makes no warranty or representation
whatsoever regarding the accuracy or completeness of the information provided. All
potential buyers must take appropriate measures to verify all of the information set
forth herein. Prospective buyers shall be responsible for their costs and expenses of
investigating the subject property.
Exclusively Marketed by:
Stephen Takahashi Johnnie Stiegler
First Vice President First Vice President
(310) 403-9145 (310) 447-2213
Stephen@lyonstahl.com Johnnie@lyonstahl.com
Lic: 01944770 Lic: 01981597
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