CALLING ALL LOCAL, 1031 AND OPPORTUNITY-ZONE INVESTORS! This is a once-in-a-lifetime opportunity to own commercial/mixed-use property less than 2 miles from the world’s third busiest airport, LAX. Located in Inglewood, one of L.A.’s most desirable areas and rapidly developing hotspots. Within a short walk to Inglewood’s New Downtown, part of the local revitalization project which also includes the SoFi Stadium and Hollywood Park developments. Only a half-mile-walk from the brand new, massive $5B SoFi Stadium and Hollywood Park Mixed-Use Entertainment Complex which is to be the home of the NFL Los Angeles Rams and Chargers, LA Clippers, NFL Media, over 310 new residences and 500,000 square feet of new retail stores. Just 4 miles to the beach and within a short drive to downtown Los Angeles. The property is less than 1 mile east of 405, 1.5 miles north of 105 and amidst several commuter bus and Metro stops. Prime 12,652 sq ft corner-lot property with 3 entrances (2 onto busy thoroughfare street, Arbor Vitae, and another on the corner street, Grevillea). This C2-zone property HAS UNLIMITED POTENTIAL! Currently includes a 3bedroom/1+bath 1,285 sq ft residence and over 2,200 square feet of flex-use commercial space with 20+ parking spaces. Will be handed to new owner vacant and can be leased to allow for stable income while a developer draws plans and files for related permits. Property viewings by appointment only to qualified potential buyers or buyer representatives only. OFFERS ACCEPTED UNTIL 5:00 P.M. 5MAR2021. *Seller will not carry. Buyer to investigate and verify. Buyer to conduct own due diligence and property review.
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