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434 Warren Ln

0.31 Acres of Residential Land Offered at $3,435,000 in Inglewood, CA 90302

Investment Highlights

  • Incredible location near light rail stop
  • Close to KIA Forum, SoFi Stadium, 390,000 Square Feet of New Retail & Dining at Hollywood Park
  • Many retail stores nearby
  • Easy access for residents to Silicon Beach, South Bay, West Los Angeles and Culver City

Executive Summary

Lee & Associates is pleased to present a unique development opportunity in the heart of the resurgence of Inglewood. Harmony @ Centinela is a +/-13,513 SF parcel situated on a signalized corner, located directly across the street from Eugene Vincent Park, and a two-block walk to the Metro K Line Downtown Inglewood Station, allowing residents easy access to all of the Los Angeles area. Currently, there are two duplexes and a detached SFR on the site.

Property Facts

Price $3,435,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Land
Total Lot Size 0.31 AC

1 Lot Available

Lot

Price $3,435,000
Price Per AC $11,072,930
Lot Size 0.31 AC

The property is zoned MU-C (Mixed Use Corridor) with a TOD overlay, allowing for high density. Harmony at Centinela proposes 70 apartment units above ground floor retail.

Description

HARMONY AT CENTINELA Lee & Associates is pleased to present a unique development opportunity in the heart of the resurgence of Inglewood. Harmony @ Centinela is a +/-13,513 SF parcel situated on a signalized corner, located directly across the street from Eugene Vincent Park, and a two-block walk to the Metro K Line Downtown Inglewood Station, allowing residents easy access to all of the Los Angeles area. Currently, there are two duplexes and a detached SFR on the site. The property is zoned MU-C (Mixed Use Corridor) with a TOD overlay, allowing for high density. Harmony at Centinela proposes 70 apartment units above ground floor retail. With the opening of SoFi Stadium, home of the Los Angeles Rams and Los Angeles Chargers, and now Intuit Dome, home of the Los Angeles Clippers, the city of Inglewood is rapidly developing into a world class city. Further, the 2026 World Cup and 2028 Summer Olympics will call SoFi Stadium home. The property enjoys park amenities across the street including a public pool, soccer field, softball field, tennis and basketball courts, and a children’s playground. With mild weather, ocean breezes, and lower median rent than the nearby beach cities, there is significant tenant demand for more reasonably priced, new construction apartments. Harmony @ Centinela presents a unique opportunity to join the ground floor of Inglewood’s renaissance, while collecting income during the entitlement process.

Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4015-014-014
Land Assessment
$58,816
Improvements Assessment
$0
Total Assessment
$58,816

zoning

Zoning Code MU-C (TOD) (commercial mixed use district)
MU-C (TOD) (commercial mixed use district)
  • Listing ID: 33861691

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 434 Warren Ln, Inglewood, CA 90302

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