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501 S La Brea Ave - The Triangle @ South Market Place
1.21 Acres of Commercial Land in Inglewood, CA 90301
INVESTMENT HIGHLIGHTS
- Excellent opportunity to develop a mixed-use project.
- Easy access to prime Los Angeles shopping, dining, and entertainment areas.
- Located less than a mile away from the Forum and Hollywood Park
- Zoning allows for hospitality, office, residential, and retail uses.
- Excellent street frontage and visibility.
- Over 280,000 people in a 3 mile radius
EXECUTIVE SUMMARY
The property is strategically located a half mile from Hollywood Park, the Forum and the recently approved Rams Stadium. The Triangle at South Market Place is approximately ±1.21 acres located within the Transit Oriented Development zoning of Inglewood. The TOD Mixed-Use 1 zone provides for larger-scale development at a higher density. The ideal uses include retail, services or public-serving office on the ground floor and residential, office, hotel or institutional on the upper floors.
Centrally located in the heart of Inglewood, the project is only half a mile away from Hollywood Park, the Forum and with close proximity to the newly approved 298 acre Stadium. Hollywood Park is a hub for entertainment, cultural and recreational activities that will attract people from all over Los Angeles. The Forum is a world-class entertainment venue which draws up to 17,000 people to the edge of Downtown for each of the many concerts held there.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 1.21 AC |
| Lot Size | 1.21 AC |
6 parcels with an estimated total of 52,826 SF
DESCRIPTION
The property is strategically located a half mile from Hollywood Park, the Forum and the recently approved Rams Stadium. The Triangle at South Market Place is approximately ± 1.21 acres located within the Transit Oriented Development zoning of Inglewood. TOD MIXED-USE 1 – provides for larger scale transit oriented development at a higher density. Uses should be mixed with retail, services, or public serving office on the ground floor and residential, office, hotel or institutional on the upper floors.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $764,603 | |
| Land Assessment | $2,040,859 | Total Assessment | $2,805,462 |
PROPERTY TAXES
ZONING
| Zoning Code | TOD MIXED USE 1 |
| TOD MIXED USE 1 |
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501 S La Brea Ave - The Triangle @ South Market Place
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