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Additional details
$ 2,600,000
Est. payment | /mo
8,367 Sqft Lot
$ 2,600,000
Est. payment | /mo
8,367 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26062591
HOA Y/N No
Year Built 1984
Lot Size 8,367 Sqft
Property Sub-Type Mixed Use
Property Description
Prime redevelopment opportunity in North Inglewood. This 8,368 SF commercial parcel includes a small former fast food chicken restaurant of approximately 394 SF, closed in the post COVID period and carrying no contributory value, offering a clean land value acquisition. Zoned Mixed-Use (MU-2) Commercial and Industrial —a flexible district allowing a wide range of commercial, mixed use, and higher density development—with up to 3.0 FAR (three times the lot area in buildable floor area, approximately 24,798 SF), the site allows buyers to evaluate multiple future development paths, subject to city approval. The property offers strong frontage along La Brea Ave with convenient access to regional destinations including SoFi Stadium, Intuit Dome, Hollywood Park, and the Kia Forum, located approximately 2–3 miles to the south. The property's status and flexible zoning also make it suitable for buyers seeking a straightforward replacement property option, including those completing a 1031 exchange. Seller is participating in a 1031 exchange and will require buyer cooperation to complete a suitable replacement property. Buyers should verify zoning, density, incentives, and all development possibilities with the City of Inglewood.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning MU-2
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 4016024012
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Steve Park Coldwell Banker Tri-Counties R steveparkre@gmail.com, DRE #02257609
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