Active

921 Edgewood St

Inglewood CA, 90302

$2,495,000


$112.35 per sqft

Active

0.51 Acres

Land

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.

24-444247

MLS ID

September 24, 2024

Listed

November 22, 2024

Updated

Map

921 Edgewood St
Inglewood CA, 90302

Exterior/Building Features

Lot Size

0.51 Acres

Other Property Details

Area Name

North Inglewood


Days on Market

8


Garage

No


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

INR3*

Listed by Neema Ahadian with Marcus & Millichap
Listing Contact: 310-909-5444 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

Powered byLuxury Presence