This Land Property is no longer advertised on LoopNet.com.

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
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

Property Taxes

Parcel Number
4015-021-017
Land Assessment
$955,087
Improvements Assessment
$159,181
Total Assessment
$1,114,268
  • Listing ID: 32999149

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 415 Grace Ave, Inglewood, CA 90301

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