Calla Commercial is pleased to present this potential owner-user/redevelopment opportunity in the city of Inglewood. The owner has owned the property for almost 20 years and is now ready to retire. The parcel has tremendous value for a investor/developer to potentially build commercial/mixed use/multi-family apartments. The parcel also sits directly adjacent to the city parking lot which the new owner may be able to negotiate to work in conjunction and/or acquire from the city.
The subject property is conveniently located near the 405 and 105 freeways within 3 miles from LAX. Nearby major attractions within approx. a mile are SoFi Stadium, KIA Forum, Intuit Dome and Hollywood Park Casino.
The property consists of two retail tenants: Yissy's Ice Cream pays $2,801 gross monthly rent and lease expires July 31st, 2026 (No
Options). Power Lawnmower pays $2,375 gross monthly rent and lease expires December 31st, 2025 (No Options).
Important Note:
Absolutely Do Not Approach the Tenants. Buyer shall be responsible and must verify all intended use with the city.