The subject property consists of an existing 7 Bay Automotive facility with tenants on a Month to Month basis. The property is located half a block from the new home of the LA Rams. A massive $3 Billion Mixed Use development is underway at the former site of the Hollywood Race Track. A new stadium for the LA Rams, slated to be the largest in the NFL in addition to housing, office and retail will be constructed within very close proximity of the subject property. The Highest and Best use, is as a development site to take advantage of the dramatic development and progress the City of Inglewood is about to experience. The subject stand to benefit greatly from the plans underway. The commercial and residential market in the immediate vicinity of the new development plans have already experienced great interest from a variety of investors. Great appreciation in real estate values will naturally follow. This property is uniquely placed to capitalize on all these positive market drivers.
The property is located on West Century Boulevard and is less than half a block from a major re-development site. Close proximity to LAX and Freeways makes for a very attractive location. Plans to route a new light rail line to potentially run along Prairie Ave are under consideration. The site benefits from a 100 Foot frontage on W Century Blvd. Inglewood is set to enjoy the benefits of massive investment in its local economy and infrastructure. The subject location is well poised to enjoy the benefits of appreciation and potential.