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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
Property Facts
Price | $3,435,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Land |
No. Lots | 1 | Total Lot Size | 0.31 AC |
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 | Lot Size | 0.31 AC |
Price Per AC | $11,072,930 |
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.
PROPERTY TAXES
Parcel Number | 4015-014-014 | Improvements Assessment | $0 |
Land Assessment | $58,816 | Total Assessment | $58,816 |
PROPERTY TAXES
zoning
Zoning Code | MU-C (TOD) (commercial mixed use district) |
MU-C (TOD) (commercial mixed use district) |
Presented by
434 Warren Ln
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