Property Details


Zoning: R3
Lot Size: 6,561 SF
Price Per Buildable Unit: $212,500
Price Per SF (Land): $130

Executive Summary


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Located Just north of Manchester Blvd and west of Prairie Ave., 610 E Queen Street features a single parcel totaling 6,561 SF in the heart of Inglewood only three blocks from the newly constructed SOFI Stadium, home of the NFL Los Angeles Rams. The current structure consist of one single family home totaling 1,434 SF and will be delivered vacant at close of escrow

This offering presents a developer the opportunity to purchase a lot ideal for a multifamily development project. The parcel is currently zoned R3 with the ability to build 4 units by-right. The single-family residence will be delivered vacant with no relocation required.

Inglewood is one of the largest suburbs in the Los Angeles metro area, which continues to grow at a rapid pace with steady rent, income, and employment growth; additionally new development is happening all around. The subject property is located minutes from Hollywood Park Casino with many shopping choices and boast a high walk score of 87. 

610 East Queen St sits in the middle of employment hubs in El Segundo, Marina Del Rey and Playa Vista. LAX is just 3.8 miles away and the subject property is in close proximity to the 405 & 105 freeways giving residents the ability to easily travel throughout Los Angeles.

Area Overview

INGLEWOOD

One of the largest suburbs in the Los Angeles Metro Area, and it currently has a population of over 100,000. The city is home to the area’s newest professional sports stadium, SoFi Stadium, which hosts the Los Angeles Rams and the Los Angeles Chargers. Inglewood was also the home to the Showtime Lakers when Magic Johnson, James Worthy, and Kareem Abdul-Jabbar were taking the NBA by storm at the Forum. Inglewood offers residents a lot of great entertainment options and a quick commute to Los Angeles dependent on traffic.

Inglewood offers a high quality of life for city residents with plenty of local attractions. The California Science Center is a free attraction that is a great way to introduce children to the wonders of science. The hands-on displays let children’s imaginations run wild. Exposition Park might be the most relaxing area in the city with the fountain that flows year-round standing tall in the center of the park. Wende Museum is a must see for history buffs since it chronicles the Cold War in-depth.

Inglewood has a good collection of public, private, and charter schools that may play a role in your decision making process. When selecting a home for purchase or rent, you will want to check the boundaries to see if your child can go to a highly-rated school. Some of the area’s top schools include Animo Inglewood Charter School, Wilder’s Preparatory Academy, and City Honors College Prep School. Each of these educational options set a child up for future success at one of the many colleges in the LA area.

Apollo Couriers and Hollywood Park Casino are two employers in Inglewood that are rated as some of the best for local jobs. The employ a large percentage of the city, and they offer generous benefits and a good work environment for Los Angelenos. The city’s public school system also employees teachers, student support staff, and groundskeepers to manage operations.

The city’s busses have a number of routes to the most important points in the city. You can also get to downtown LA or to the Los Angeles International Airport by bus from Inglewood. The city also has a large number of Uber and Lyft drivers who are at the ready to transport you to a destination.

Inglewood is a diverse community that offers great dining. Dulan’s Soul Food Kitchen, Maria’s Ricos Tacos, and Roscoe’s House of Chicken and Waffles are just a few of the restaurants in the city that offer up great food and good times at affordable prices.

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