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- LoopNet Team
415 Grace Ave
Inglewood, CA 90301
REDUCED! 8 Unit Townhome-Style Dev, Fully RTI · Land For Sale
·
0.28 AC

Investment Highlights
- Fully RTI (Ready-to-Issue)
- Spacious Layouts
- The property boasts a high Walk Score of 89
- 8-Unit Townhome-Style Development
- Transit-Oriented Location
- Proximity to Major Developments
Property Facts
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.28 AC |
| Zoning | INP1YY | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.28 AC |
| Zoning | INP1YY |
Description
REDUCED! PartnersCRE is excited to offer for sale a fully ready-to-issue (RTI) 8-unit townhome-style development opportunity. The project features two main building types: • Type 1: Building 1, which includes Unit A and Unit B. • Type 2: Buildings 2, 3, and 4, each featuring Unit A and Unit AR. Each unit is designed and includes: • Unit A: 3 bedrooms, 4 bathrooms, 1,514 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck (251 sq. ft.). • Unit AR: Unit A Reversed • Unit B: 3 bedrooms, 4 bathrooms, 1,690 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck (251 sq. ft.). All the units feature laundry closets, a bonus/utility room with a full bathroom on the ground floor, and a private rooftop deck. The total rentable sq ft is 12,288 SF. The property benefits from a high Walk Score of 85, indicating a “Very Walkable” neighborhood where daily errands do not require a car. This level of walkability, coupled with easy access to public transportation and major thoroughfares, enhances the appeal for future residents or tenants, especially in a market increasingly favoring accessibility and convenience. The Metro K Line Northern Extension would fill a gap in Metro’s developing system to connect four major rail lines and six of the highest ridership bus lines in LA County.
Property Taxes
| Parcel Number | 4015-021-017 | Improvements Assessment | $159,181 |
| Land Assessment | $955,087 | Total Assessment | $1,114,268 |
Property Taxes
Listing ID: 32999149
Date on Market: 8/29/2024
Last Updated:
Address: 415 Grace Ave, Inglewood, CA 90301
The Land Property at 415 Grace Ave, Inglewood, CA 90301 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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