$2,600,000
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 C 3 Commercial—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.
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Listed by Steve Park with Coldwell Banker Tri-Counties R (909) 861-9835
Property Type
Mixed Use
Status
Active
MLS Number
TR26062591
Year Built
1984
Lot Size
8,368 sq ft