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 developmentwith 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.
| MLS # | TR26062591 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 174 |
| Listing Provided By | Coldwell Banker Tri-Counties R | Steve Park |
| SQ Feet | 394 |
|---|---|
| Story(s) | 1 |
| Zoning | MU-2 |
| Acreage | 0.19 |
| Lot Features | Zero To One Unit Acre |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $2,600,000 low | high Med: $749,750 sqft: 394 low | high Med: 1,304 $ / sqft: $6,599 low | high Med: $612 On site: 174 low | high Med: 99 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $2,600,000 low | high Med: $749,750 sqft: 394 low | high Med: 1,304 $ / sqft: $6,599 low | high Med: $612 On site: 174 low | high Med: 99 | |