105 Prairie Avenue, Inglewood, CA 90301
  • MLS#: 25625497 ( )
  • Street Address: 105 Prairie Avenue
  • Viewed: 6
  • Price: $10,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 23
  • Additional Information
  • County: LOS ANGELES
  • City: Inglewood
  • Zipcode: 90301
  • Provided by: Equity Los Angeles
  • Contact: Sandy Sandy
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Three parcel assemblage, steps from sofi stadium, kia forum, intuit dome, cosm, digital billboard opp, corner exposure, immediate income from parking. Nglewood commercial asset | 1031 exchange opportunityprime inglewood investment | commercial asset | 1031 exchange opportunityowner user/investment opportunityaddresses 3 apns101 s. Prairie avenue, inglewood, ca 90301 13,494 sf, lot: 21,845 sf105 s. Prairie avenue, inglewood, ca 90301 7200 sf, lot: 7288 sf661 manchester terrace, inglewood, ca 90301 4,796 sf, lot: 4,802zoning: commercial / development friendlyproperty type: commercial (formerly designed for medical use)exceptional location in the heart of inglewood's entertainment core: a truly rare opportunity encompassing three contiguous parcels, each with its own apn, positioned within one of southern california's fastest growing and most dynamicentertainment districts. Located steps from sofi stadium, the kia forum, intuit dome, and cosm, this site sits at theepicenter of inglewood's extraordinary transformationan area now recognized as thelargest entertainment district in southern california and a future global media hub for the2028 olympic and paralympic games. Olympic momentum & global spotlight: inglewood will serve as a major stage for the los angeles 2028 olympic games, with events hosted at sofi stadium and the new hollywood park studios, which has been confirmed as the international broadcast center (ibc) for worldwide olympic coverage. This once in a generation influx of global attention and investment is fueling unprecedented infrastructure expansion and long term appreciation potential. Theproperty's proximity to these venues, just under one mile from sofi, places it at the verycenter of this economic renaissance. 1031 exchange highlights:* ideal for 1031 buyers: clean, shovel ready commercial asset with permits and entitlements already underway, minimizing uncertainty and timelines. * prime location: located in the booming prairie avenue corridor, steps from sofi stadium, the forum, and the intuit dome. * immediate income potential: 67 on site parking spaces producing approximately $75 per space, 3 days per week, representing $48,000 to $60,000 per month in stadium event driven passive income. * digital billboard opportunity: high visibility frontage offers excellent exposure for digital signage, adding a potential future media income stream. * flexible exit strategy: investors can hold for cash flow, complete the permitted build out, or reposition the property to align with inglewood's continued growth trajectory. Project progress & entitlements:this property has already undergone significant pre development work, making it ideal for investors on a fast timeline. A strategic investment in southern california's entertainment capital: inglewood's ongoing renaissance, anchored by sofi stadium, intuit dome, the forum, cosm, and the upcoming hollywood park studios, aiming to be ready by 2028. The plan is for it to serve as the broadcast hub for the olympics, and later it will become a full fledged production studio. This will attract national attention and world class investment. With immediate cash flow, strong entitlement progress, and major global events on the horizon, this is a timely, high visibility commercial opportunity positioned for both near term income and long term appreciation.
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Features
Assetclass
  1. Office
  2. Specialty
Building Area Total
  1. 25490.00
Construction Materials
  1. Wood Siding
  2. Stucco
Country
  1. US
Electric
  1. Standard
Heating
  1. Natural Gas
  2. Electric
Land Use
  1. Other
  2. Office
  3. Retail
Laundry Features
  1. None
Parcel Number
  1. 4021004025
Postalcodeplus4
  1. 1969
Roof
  1. Composition
Security Features
  1. Gated Community
  2. Smoke Detector(s)
  3. 24 Hour Security
Utilities
  1. Natural Gas Available
Water Source
  1. Public
Year Built
  1. 1956
Zoning
  1. INRM*