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Seller Financing Available 6441 West Blvd

2,080 SF Retail Building Inglewood, CA 90302 $960,000 ($462/SF)

Investment Highlights

  • Fairview Heights Transit Oriented Plan - City of Inglewood
  • Within Minutes of Sofi Stadium, Surrounding Hollywood Park Development & The Intuit Dome - Future Home of The Clippers
  • Owner/User | SBA Loan
  • Signalized Corner Lot | Property To Be Delivered Vacant | Zoned - MU-4
  • $99 PPSF Land
  • Excellent Visibility & Frontage

Executive Summary

Floyd Shaheen and Emily Shikhvarger are pleased to exclusively present for sale 6441 West Blvd in Inglewood, CA. This property offers an exceptional opportunity to acquire a prime development site in the rapidly expanding Inglewood market. Its strategic location, mere minutes away from The Forum, the under construction Clippers Dome Arena, Hollywood Park Mega-Development, Purple Line Metro Extension, and the $2.6 billion Sofi Stadium, home to the Chargers and the Rams, makes it an ideal investment poised for significant appreciation.
Situated at the corner of West Blvd and E Hyde Park Blvd, 6441 West Blvd boasts a 2,080 square foot building on a generous 9,709 square foot site. The property is currently vacant, offering the new owner the flexibility to either occupy the site or proceed directly with development, avoiding the hassle of tenant removal. For those considering occupying the building, SBA financing options are available. Furthermore, the property enjoys excellent street frontage, enhancing its visibility and potential. According to the Fairview Heights Transit Oriented Plan, the property’s current zoning is MU-4, providing developers with a broad range of potential uses, encompassing both residential and commercial options. The site allows for the maximum number of units permitted under the development standards, which include a maximum height of 4 stories / 50 feet, 10-foot setbacks, 1 parking spot per 1,000 square feet for commercial uses, and 1 parking spot for 1 bedroom or smaller units, or 2 ½ parking spots for 2-bedroom units. We recommend contacting the City of Inglewood Planning Department to verify these specifics and to gather additional information.
Inglewood, with its vibrant and diverse history, has transformed into a multicultural hub that sets an example for socioeconomic progress, not just within the state, but also nationwide. The city is currently undergoing an incredibly dynamic phase, preserving its demographic diversity, and prioritizing the well-being of its residents as it embraces an inspiring revitalization and a future full of promise. The city’s recent rejuvenation has been propelled by significant developments like the SoFi Stadium, the neighboring Hollywood Park mega development, and the upcoming Intuit Dome arena. While these infrastructure projects have garnered considerable attention, Inglewood’s renaissance is equally defined by record-low crime rates, remarkable appreciation in property values, and forward-thinking initiatives.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,080 SF
Building Class
C
Year Built
1974
Price
$960,000
Price Per SF
$462
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
0.22 AC
Zoning
Inglewood MU4 - MU-4, TOD MIXED USE 4, Mixed use Residential
Parking
8 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
65 FT on West Blvd

Amenities

  • Corner Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4013-001-001
Land Assessment
$278,877
Improvements Assessment
$109,363
Total Assessment
$388,240
  • Listing ID: 28971590

  • Date on Market: 7/11/2023

  • Last Updated:

  • Address: 6441 West Blvd, Inglewood, CA 90302

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