335 Centinela Ave Inglewood, CA 90302
- Commercial real estate
- 2,700 SF
Current Use by Public Records
- ART'S PIRATE SHIP / Aquarium Shop
Property Details for 335 Centinela Ave
- Year built
- 1940
- Property size
- 2,700 SF
- Property type
- Commercial real estate
- APN
- 4015-014-002, 003, 004
Description
This exceptional 13,513 sq ft lot in Inglewood, CA (APN 4015-014-002, 003, 004), presents a compelling redevelopment opportunity. Currently featuring two duplexes and a single-family residence, the property boasts a prime location on a signalized corner directly across from Eugene Vincent Park and a short walk to the Metro K Line. Zoned MU-C (Mixed Use Corridor) with a TOD overlay, it allows for high-density development, with plans proposing 70 apartment units above ground-floor retail. The asking price is $3,435,000, translating to a land value of $254.19/SF. The existing structures total 2,700 sq ft across five units, built in 1940. Inglewood's rapid growth, fueled by SoFi Stadium, Intuit Dome, and the upcoming 2026 World Cup and 2028 Olympics, makes this a highly attractive investment. The property's proximity to public transportation, including easy access to LAX and Downtown LA, further enhances its appeal. The vibrant community offers numerous amenities, including a public pool, sports fields, and playgrounds, all within walking distance. This presents a unique chance to capitalize on Inglewood's flourishing market and strong potential for future appreciation. The property offers significant upside potential for investors seeking to participate in the transformation of this dynamic city. Potential tax incentives may further enhance investment returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Inglewood
- County
- Los Angeles
- State
- California
- Longitude
- -118.3484055
- Latitude
- 33.97099