Kidder Mathews is pleased to present a fully entitled 160 units of 100% affordable housing development opportunity, Inglewood adjacent and just 1.6 miles east of SoFi Stadium, Kia Forum, and the Intuit Dome. The property is well positioned to benefit from major events such as the 2028 Olympics, 2027 Super Bowl LXI, and the 2026 FIFA World Cup.
The 84,155 sf / 1.9 acre lot will be delivered with a set of entitlements and plans for 160-units 100% affordable and 6,853 SF of commercial space across two 4- and 5- story buildings. A developer could utilize the current plans or do the following: Higher density affordable development site Commercial retail and/or hotel site.
A developer could opt to split the site into multiple, smaller projects. This could enable a master developer to sell individual projects to other developers, potentially reducing their basis in the opportunity. This could also allow a developer to bring different types of projects (i.e. ED1, Senior, Special Needs, Commercial) to market with different capital structures and re-entitle the site for a different use.
The land assemblage opportunity which consists of 9 parcels and vacated alley City owned LA. This block-to-block opportunity is a Lender Short Sale and subject to Lender's Approval.