Inglewood Lots LLC Acquires Inglewood Industrial Portfolio For $3.5M
601 Norrth Inglewood Avenue, 607 North Inglewood Avenue, 800 West Hyde Park
15,599 SF
Summary
A portfolio of industrial properties in Inglewood has been sold in a recent transaction. The properties, located at 601 N Inglewood Avenue, 607 N Inglewood Avenue, and 800 W Hyde Park, were collectively purchased by Inglewood Lots LLC. The seller of the properties was Bryant's Inglewood Service Inc. The sale was facilitated by brokers Daniel Hirth and Elijah Suval of Hirth Group.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Size: 15,599 square feet
- Price per square foot: $224.37
- Market: Inglewood
The Inglewood portfolio sale consisted of three parcels and a tow business. The transaction was exclusively listed and opened escrow prior to hitting the open market. Additionally, the sellers arranged for financing, and the deal closed within a 45-day timeframe.
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