433 Centinela Ave
CA 90302

Prime Inglewood Development
Mixed Use Zoning

Key Location in Booming Inglewood

Marcus & Millichap is pleased to present a unique development opportunity in the emerging community of Inglewood, CA. Three main changes in the Inglewood area make this offering an extremely desirable development project.

Firstly, in January 2016 the announcement of the new NFL stadium development, approximately one mile from the subject property and the return of the LA Rams brought excitement and a renewed interest in Inglewood. The new stadium, built on the former Hollywood Park race track, will mean an influx of new development projects.

Secondly, opening in 2019, the LA Metro Crenshaw/LAX Transit Project will serve the Crenshaw District, Inglewood, Westchester and surrounding area with eight stations including Fairview Heights and Downtown Inglewood. The subject property is located in a key area along this TOD area.

Lastly, the City of Inglewood is near completion of it's new rezoning and development initiative. With strong local involvement the City has proposed a redesign to encourage development and revitalize business and accessibility. This plan includes a zone change for the subject property from C3 (Heavy Commercial) to the desirable MU (TOD Corridor Mixed Use). The plan also allows for a increased density based on the development of continuous parcels.

Property Details

Building Size: 2,800 SF
Lot Size: 37,248 SF (0.855 ACRES)
Number of Units: N/A
Year Built: 1960
Mixed Use Zoning
Approximately One Mile from The Forum & 1/2 Mile from New Metro Station