455 Pr Ave Inglewood, CA 90301-1413

Property Details for 455 Pr Ave

Year built

1961

Construction

TILT-UP CONCRETE

Lot size

0.14 lot acres

Property size

2,549 SF

Zone code

INRM*

Property type

Office buildings

APN

4015-022-014

APU

4015022014

Description

This exceptional Inglewood investment opportunity encompasses two contiguous properties totaling 12,145 square feet, presenting a compelling proposition for owner-users, developers, or investors. The offering includes a 2,649-square-foot single-story retail/office building constructed in 1961, currently vacant and zoned INRM, situated on a 6,107-square-foot lot with dedicated parking. This building is ideally suited for a medical practice or other office use. Adjacent to this is a 1,712-square-foot triplex built in 1948, also vacant upon closing, featuring three one-bedroom, one-bathroom units, four garages, and ample parking. This triplex sits on a 6,038-square-foot lot and offers potential for accessory dwelling unit (ADU) construction. The combined properties boast eight parking spaces and are conveniently located just one mile from The Forum and 1.5 miles from SoFi Stadium, benefiting from the economic growth spurred by these venues. The property's location in Inglewood, a thriving city with a strong business environment, further enhances its appeal. Previous planning approvals (expired) existed for a 6,350-square-foot, two-story medical office building on the combined parcels. The total combined square footage of the two properties is 4,361 square feet, with an asking price of $2,500,000 ($573.26 per square foot). The property consists of three buildings across two stories, with four units in total.