9920 South La Cienega Blvd, Inglewood, CA

Property Type Office - General Office
Property Size 244,083 SF
Lot Size 1.63 Acre
Parking Spaces Avail. 659
Parking Ratio 2.70/ 1,000 SF
Property Tenancy Vacant
Building Class B
Year Built 1971

Location

Map
Street

City Inglewood, CA
Neighborhood South Inglewood
Zip Code 90301
Market Los Angeles

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 28 Jun, 2010
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Inglewood

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Inglewood Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $34.18
2020 Office Vacancy Rate 28.72%
2020 Office Completions (SF)

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Tax

Property Tax in 2021-2022 $292,533
Market Value* $20,148,282
Assessed Value $20,148,282

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 9920 South La Cienega Blvd?

9920 South La Cienega Blvd totals 244,083 square feet.

When was this property built?

9920 South La Cienega Blvd was built in 1971.

When was 9920 South La Cienega Blvd last sold?

9920 South La Cienega Blvd was last sold on 28 Jun, 2010.

What is the property tax for 9920 South La Cienega Blvd?

The property tax for 9920 South La Cienega Blvd in 2021-2022 was $292,533.

What is the market value for 9920 South La Cienega Blvd?

The market value* for 9920 South La Cienega Blvd in 2021-2022 was $20,148,282.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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9920 South La Cienega Blvd, Inglewood, CA 90301 - Office Space

9920 South La Cienega Blvd is located at 9920 South La Cienega Blvd in the South Inglewood neighborhood, CA, Inglewood, 90301. The Class B Office building was completed in 1971 and features a total of 244,083 SF.

There are 18 office spaces for lease in the South Inglewood neighborhood, totaling 329,061 SF of available office space. The office space availability for the 90301 zip code is 103,664 SF, in 14 office spaces. The average asking office rent per SF in South Inglewood is $31.61/SF/YR. For Class B office buildings the average office rate is $45/SF/YR, for Class C office buildings the average office rate is $9.43/SF/YR.

In South Inglewood, there are 6 class B office buildings. In South Inglewood, there are a total of 2 LEED certified office buildings. In 1971, the same year 9920 South La Cienega Blvd was built, 1 more commercial property (office, industrial, retail) over 50,000 square feet was built in Inglewood, featuring 244,083 square feet of commercial space. At zip code level, there are 21 commercial properties, of which 9 are office buildings over 50,000 square feet.