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4059 W Century Blvd - 4059 W Century Blvd 0.49 Acres of Commercial Land Offered at $5,500,000 in Inglewood, CA 90304
Investment Highlights
- High Traffic Commercial Lot For Sale
- Great Development Opportunity
Executive Summary
The seller has substantial capital resources and is not interested in personally managing a ground-up development project. Rather than spend time overseeing entitlements and construction, the seller prefers to let another experienced developer take the lead. This off-market offering presents a rare chance to acquire a prime site near SoFi Stadium and Intuit Dome with strong long-term potential, ideal for a buyer ready to move forward and capitalize on the location’s momentum.
Property Facts
1 Lot Available
Lot
| Price | $5,500,000 | Lot Size | 0.49 AC |
| Price Per AC | $11,233,132.43 |
| Price | $5,500,000 |
| Price Per AC | $11,233,132.43 |
| Lot Size | 0.49 AC |
Lot size; 21,328 SF 105 guest rooms at +/- 70,000 SF floor area 1st Floor & Ground: Parking (100+ spaces), service & entry 2nd Floor: Lobby, restaurant & bar lounge, gym, business center 3rd to 6th Floor: Guest rooms ( 25 guest rooms on each floor)
Description
Prime Hotel Development Opportunity Near SoFi Stadium & Intuit Dome Rare opportunity to acquire a premier commercial development site in the heart of Inglewood's rapidly growing entertainment district. This 21,328 SF (0.49-acre) property includes architectural plans for an approximately 70,000 SF, 105-room hotel with over 100 parking spaces, offering exceptional potential for hospitality developers and investors. The proposed development includes: - Approximately 105 guest rooms - Restaurant & Bar - Full-Service Spa - Fitness Center - Business Center - Market/Retail Space - 100+ Parking Spaces - Proposed Building Layout - Ground & 1st Floor: Parking, service areas, and entry - 2nd Floor: Lobby, restaurant/bar, fitness center, and business center - 3rd–6th Floors: Approximately 25 guest rooms per floor Current Improvements - 4059 W. Century Blvd: Former motel currently leased to labor workers serving nearby stadium projects. - 1236 S. Flower St: Warehouse with a month-to-month tenant, providing interim income. Investment Highlights - Prime Century Boulevard frontage - Walking distance to SoFi Stadium and Intuit Dome - Minutes from Kia Forum, Hollywood Park, and LAX - C2 Commercial zoning - Existing income while planning redevelopment - Reduced asking price from $6.38 million to $5.50 million Market Opportunity Inglewood has become one of Southern California's fastest-growing hospitality and entertainment destinations. The surrounding area benefits from year-round demand generated by major sporting events, concerts, conventions, tourism, and business travel, supported by continued public and private investment. This offering presents an exceptional opportunity for hotel developers, private equity firms, institutional investors, family offices, and hospitality operators seeking a high-profile development site in a premier Southern California location.
Property Taxes
| Parcel Numbers | Improvements Assessment | $905,797 | |
| Land Assessment | $3,279,622 | Total Assessment | $4,185,419 |
Property Taxes
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4059 W Century Blvd - 4059 W Century Blvd
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