921 Edgewood Street 4016002026
Inglewood, CA, 90302
$2,495,000
Beds
0 Baths
SqFt
0.51 Acres
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921 Edgewood St, a residential development opportunity in Inglewood just south of Centinela Ave. The lot is vacant and totals 22,208 SF zoned INR3; the site was previously entitled to build 38 units. Offered at $112 PSF at the asking price; rare large vacant lot with no tenant relocation required. Ability to achieve greater density by applying California State Assembly Bills AB 1763 and AB 2334. 2024 CTCAC/HCD Opportunity qualifies the location in the moderate resource area, which provides additional benefits for developers seeking potential tax credits. City of Inglewood and Century Housing established The Inglewood Fund to provide specialized financing for the acquisition, preservation, and development of affordable housing and mixed income housing in Inglewood at 3% fixed interest rates for developments providing at least 50% affordable housing. Ideal location on the edge of Inglewood & Ladera Heights that is densely populated with affluent demographics; easy access to the 405 Freeway and an easy commute to Playa Vista, the South Bay, and the Westside of Los Angeles. Located less than three miles from the Westfield Culver City and SoFi Stadium, Kia Forum, and Hollywood Park, and five miles from Loyola Marymount University. Excellent walk score of 92; walking distance to retail amenities on N La Brea Ave including Ralphs and La Brea Plaza shopping center; steps from multiple Metro local line stops on Centinela Ave.

Property Details

Price:
$2,495,000
MLS #:
24444247
Status:
Active
Baths:
0
Address:
921 Edgewood Street 4016002026
Type:
Land
Neighborhood:
101northinglewood
City:
Inglewood
Listed Date:
Sep 16, 2024
State:
CA
ZIP:
90302
Lot Size:
22,208 sqft / 0.51 acres (approx)
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921 Edgewood Street 4016002026
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