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501 S La Brea Ave
Inglewood, CA 90301
The Triangle @ South Market Place · Land For Sale · 1.21 AC

Investment Highlights

  • Excellent opportunity to develop a mixed-use project.
  • Easy access to prime Los Angeles shopping, dining, and entertainment areas.
  • Located less than a mile away from the Forum and Hollywood Park
  • Zoning allows for hospitality, office, residential, and retail uses.
  • Excellent street frontage and visibility.
  • Over 280,000 people in a 3 mile radius

Executive Summary

SharpLine is pleased to exclusively present the opportunity to acquire The Triangle at South Market Place.
The property is strategically located a half mile from Hollywood Park, the Forum and the recently approved Rams Stadium. The Triangle at South Market Place is approximately ±1.21 acres located within the Transit Oriented Development zoning of Inglewood. The TOD Mixed-Use 1 zone provides for larger-scale development at a higher density. The ideal uses include retail, services or public-serving office on the ground floor and residential, office, hotel or institutional on the upper floors.
Centrally located in the heart of Inglewood, the project is only half a mile away from Hollywood Park, the Forum and with close proximity to the newly approved 298 acre Stadium. Hollywood Park is a hub for entertainment, cultural and recreational activities that will attract people from all over Los Angeles. The Forum is a world-class entertainment venue which draws up to 17,000 people to the edge of Downtown for each of the many concerts held there.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
Total Lot Size 1.21 AC
Zoning TOD MIXED USE 1 - Commercial

1 Lot Available

Lot

Lot Size 1.21 AC

6 parcels with an estimated total of 52,826 SF

Description

The property is strategically located a half mile from Hollywood Park, the Forum and the recently approved Rams Stadium. The Triangle at South Market Place is approximately ± 1.21 acres located within the Transit Oriented Development zoning of Inglewood. TOD MIXED-USE 1 – provides for larger scale transit oriented development at a higher density. Uses should be mixed with retail, services, or public serving office on the ground floor and residential, office, hotel or institutional on the upper floors.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 4021-021-001
  • 4021-021-006
  • 4021-021-005
  • 4021-021-002
  • 4021-021-008
  • 4021-021-010
Land Assessment
$2,081,674
Improvements Assessment
$779,893
Total Assessment
$2,861,567
  • Listing ID: 19689571

  • Date on Market: 5/27/2020

  • Last Updated:

  • Address: 501 S La Brea Ave, Inglewood, CA 90301

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