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$1,200,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26864461
HOA Y/N No
Lot Size 0.284 Acres
Property Description
We are proud to exclusively present this opportunity to invest in one of the most attractive and vibrant submarkets in Los Angeles County, Inglewood. The offering is a 12,368 square foot, R-4 lot located just north of the Downtown area and the Metro Rail that will soon link it to the LA Stadium and Entertainment District at Hollywood Park. The R-4 Zoning allows for several types of residential projects including the development of apartment buildings, condominiums and townhouses. Duplexes and standard Single Family Homes are also permitted but would underutilize this high-value, high-density plot of land. The Baseline limit for a complex on this lot is 15 Units (Please check with the City of Inglewood for verification), however additional units may be achieved by taking advantage of California's Density Bonus Law or adding ADU's.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 4015012009
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Listed by Jerome McAlpin McAlpin & Company #00939725
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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