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- LoopNet Team
5475 Inglewood Blvd
Culver City, CA 90230
5475 Inglewood Blvd · Land For Sale
·
0.15 ac
INVESTMENT HIGHLIGHTS
- Prime Sillicon Beach Location
- Ready to build
- No Entitlement Risk
- Building Permits have been issued
- New building will not be subject to rent control
- Close to Major Tech Companies
PROPERTY FACTS
| Property Type | Land | Proposed Use | Flats |
| Property Subtype | Commercial | Total Plot Size | 0.15 ac |
| Use Class | R3-1|TOC (Tier 1) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Flats |
| Total Plot Size | 0.15 ac |
| Use Class | R3-1|TOC (Tier 1) |
DESCRIPTION
True North CRE of Compass Commercial is pleased to present this ready-to-build development site, located at 5475 Inglewood Boulevard, Los Angeles, California 90230 positioned in the vibrant and rapidly evolving Culver City neighborhood at the heart of Silicon Beach. Located at 5475 Inglewood Boulevard, the site offers a rare opportunity for investors and developers to capitalize on a fully entitled / ready-to-build project in a highly sought-after market. The planned three-story structure, situated above a one-story on-grade parking garage, will encompass approximately 15,854 square feet of usable space. The gross building area totals approximately 11,942 square feet, complemented by an on-grade parking garage of about 3,912 square feet and 11 dedicated parking spaces. Permit fees-including building, grading, and retaining wall permits-have already been paid, effectively reducing initial costs and accelerating the construction timeline. The property is also exempt from linkage fees and does not fall under the Rent Stabilization Ordinance, further enhancing its financial and regulatory appeal. All essential engineering and design work, including electrical engineering and A Permit drawings, has been completed to streamline the development process. Minimal public works construction is needed, minimizing potential complications and delays. In addition, the current plans support the future addition of two Accessory Dwelling Units (ADUs) following issuance of the Certificate of Occupancy, providing flexibility for expanded living space or additional rental income.
