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Farwell Family Purchases Educational Facility In Inglewood From Melissa Thomas For $7.7M

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SOLD
$7,700,000

California

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Retail11,647 SF
Sold 09/05/2025
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Property Image
SOLD

Farwell Family Purchases Educational Facility In Inglewood From Melissa Thomas For $7.7M

1217 Centinela Avenue

See Similar Deals
Retail11,647 SF
Sold 09/05/2025
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$661
Total Square Footage:11,647 SF
Transaction Type:Sale

The property located at 1217-1223 Centinela Avenue is a daycare/educational facility situated in Inglewood, CA. The building comprises 11,647 square feet on a roughly 39,121 square foot lot. The sale concluded at a price of $7,700,000, reflecting a price per square foot of $661. The facility had been vacant for over three years and required considerable maintenance.

Summary of transaction details:

  • Property Type: School
  • Transaction Amount: $7,700,000
  • Square Footage: 11,647 SF
  • Price Per Square Foot: $661
  • Buyer: Farwell Family
  • Seller: Melissa Thomas
  • Seller's Representative: Elijah Suval, Daniel Hirth & Alex Reyhan - The Hirth Group
  • Market: Inglewood

The Hirth Group facilitated the transaction, highlighting their expertise in handling challenging markets. This sale is noted for achieving the highest price per square foot for an educational facility of this size in Inglewood, demonstrating the effective strategy and value maximization capabilities of The Hirth Group.

Players

Elijah Suval
23 deals$47.5M volume(818) 297-2828
BROKER

Alex Reyhan
The Hirth Group
47 deals$187M volume
BROKER

Daniel Hirth
The Hirth Group
71 deals$222.8M volume
BROKER

The Hirth Group
BROKERAGE

Details

SOLD
IMAGE: Daniel Hirth, Elijah Suval & Alex Reyhan DATE: 09/05/2025 ADDRESS: 1217-1223 Centinela Avenue MARKET: Inglewood ASSET TYPE: School BUYER: Farwell Family SELLER: Melissa Thomas SELLER'S REP: Elijah Suval (@ElijahDuval), Daniel Hirth (@DHirth5) & Alex Reyhan (@reyhan___alex) - The Hirth Group (@HirthGroup) SALE PRICE: $7,700,000 SF: 11,647 ~ PPSF: $661 NOTE FROM SELLER'S REP: The Hirth Group is pleased to announce the successful closing of 1217–1223 Centinela Avenue, Inglewood, CA 90301 — a daycare/educational facility located in the northwestern portion of Inglewood. The property consists of 11,647 SF of building on an estimated 39,121 SF lot. The building had been vacant for more than three years and carried significant deferred maintenance. At over $660/SF on the building and just under $200/SF on the land, The Hirth Group achieved a record-setting price — the highest price per SF for an educational facility of this size ever in Inglewood. Known for breaking records and consistently delivering in challenging markets, The Hirth Group once again demonstrated the ability to maximize value and provide results sellers can count on.

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