New ListingPrime redevelopment opportunity in the South Market Street District of Downtown Inglewood. The property includes two separate buildings with three income producing units totaling 345 sq ft. The first two units are owner occupied, and the third is rented to a beauty service tenant. These uses provide interim cash flow while the site is positioned for future redevelopment. A supplemental document titled "Sample 4-Story Development Concept - For Illustrative Purposes Only- Buyer to Verify Feasibility" is provided for reference. The Mixed Use (MU 1) zoning allows commercial, residential, or mixed-use construction, including the potential for a four-story building. With a 3,788 sq ft commercial lot, the site can support approximately 13,714 sq ft of total buildable area (buyer to verify all development options with the City of Inglewood). The location offers strong frontage along South Market Street and convenient access to major regional destinations-SoFi Stadium, Intuit Dome, Hollywood Park, and the Kia Forum-approximately 1-2 miles away. Buyers should verify zoning, density, incentives, and all development options with the City of Inglewood.
| MLS # | TR26228624 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 5 |
| Listing Provided By | Coldwell Banker Tri-Counties R | Steve Park |
| SQ Feet | 345 |
|---|---|
| Story(s) | 1 |
| Zoning | MU-1 |
| Acreage | 0.09 |
| Lot Features | Two To Five Units Acre |
|---|
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $2,000,000 low | high Med: $797,000 sqft: 345 low | high Med: 1,536 $ / sqft: $5,797 low | high Med: $534 On site: 5 low | high Med: 66.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $2,000,000 low | high Med: $797,000 sqft: 345 low | high Med: 1,536 $ / sqft: $5,797 low | high Med: $534 On site: 5 low | high Med: 66.5 | |