This is the first time 817 Grevillea Ave has been on the market in 35 years! This large lot is an excellent opportunity for an investor looking to develop in arguably the fastest growing pocket of Los Angeles. Located right in the heart of Inglewood, tenants are walking distance from everyday needs, city services, schools, churches, and Metro bus stops with many high-tech companies in adjacent cities(walk score 87). The subject property has an area of over 19,000 sq ft, where one can build 17 units by right with the potential for more. This is a rare gem to own in a preferred city of investment with its close proximity to the 405, 105, LAX, and Hollywood Park. The ongoing Hollywood Park entertainment complex includes a state of the art billion-dollar Sofi-Stadium which hosted Super Bowl LVI and is scheduled to host the College Football Playoff National Championship in Jan. 2023,WrestleMania 39 in April 2023, and the opening and closing ceremonies (as well as soccer and archery events) of the 2028 Summer Olympics. Buyer to verify all information. DO NOT WALK PROPERTY.
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