Hollywood Spa & Boutique Hotel Redevelopment (Includes 1236 S. Flower St – Currently Leased Warehouse, Month-to-Month) Project Overview This is a rare opportunity to acquire and redevelop a prime hospitality site in the heart of Inglewood’s booming entertainment corridor—just one block from SoFi Stadium, the Intuit Dome (LA Clippers), and The Kia Forum. Formerly operated as a motel, the property at 4059 W. Century Blvd is strategically located in what is now one of the most high-traffic retail and event zones in Southern California. Despite broader economic shifts, Inglewood remains one of the most dynamic, high-growth areas in the Los Angeles metro. Development Highlights Reduced Asking Price: $5.5M ($258/SF) Lot Size: 21,328 SF Proposed Building Size: ~70,000 SF Proposed Use: 105-room boutique hotel with full-service amenities Architectural Plan Includes: 1st Floor: 70 parking spaces (alley access in rear), service zone, main entry 2nd Floor: Lobby, restaurant & bar lounge, gym, and business center 3rd–6th Floors: Guest rooms (25 rooms per floor) The attached parcel at 1236 S. Flower St., currently used as a warehouse on a month-to-month lease, offers flexible upside potential (e.g., valet staging, retail extension, back-of-house operations). Revenue Strategy The hotel will be designed to maximize revenue per square foot through multiple channels: Boutique hotel rooms Daily-operating spa and wellness services Full-service restaurant & bar lounge Parking income from event traffic (SoFi & Clippers events) Liquor/retail market sales from walk-in and hotel guests Location Advantages 1 block walk to SoFi Stadium and Intuit Dome Surrounded by over $10 billion in surrounding infrastructure and entertainment investments Best retail corridor in Inglewood, in the immediate path of growth Proximity to Crenshaw/LAX Metro Line Revitalization Zone SoFi Stadium | Intuit Dome (Clippers) Why Inglewood? Inglewood is a thriving cultural and economic hub: Anchored by aerospace, tech, and entertainment industries Features robust recreational amenities, annual festivals, and community events A top destination for sports, concerts, conferences, and tourism Backed by public and private revitalization initiatives Ideal Investor Profile This opportunity is well-suited for: Hospitality developers Angel and private investors seeking event-driven income Institutional groups exploring boutique urban hotel formats Mixed-use investors looking to blend lifestyle, retail, and lodging revenue