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listing
1 of 6
Land
$3,850,000
633 Aerick Street
Inglewood, CA
Courtesy of Compass
MLS: California Regional MLS (CRMLS)
20,274Sq Ft
Est. Mortgage
$19,973/mo

633 Aerick Street is a prime, booming Inglewood, triple lot encompassing 20,273 sf of land with 150 feet of frontage. Just blocks away from both the Icon @ Grace Park, Market Street, and the Clippers and Rams stadiums, nestled on a quiet residential pocket, the subject property offers an investor a unique opportunity to develop or repurpose the existing structure. The current building is a vacant approximately 10,000 sf, single story, medical office built in 1959 with approximately 34 parking spaces. In order to promote density, Inglewood encourages development by only limiting FAR and not density when using a Density Bonus and building 4+ stories. While parking is still required, parking requirements can be reduced when utilizing a Density Bonus to as little as 1 spot for a 1 bedroom unit, 2 spots for 2-3 bedroom units and 2.5 spots for units with 4 bedrooms or more. Max buildable area footprint around 13,464 SF (front 15 ft, side 9 ft, & back 18 ft setbacks).

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Information courtesy of Compass is subject to verification and is not guaranteed.
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