335-339 Centinela Ave & 434 Warren Lane
Rare Development Opportunity in Inglewood on Centinela Avenue
Marketing description
The Harley Group at Lyon Stahl is pleased to present a rare development opportunity at 335–339 Centinela Avenue and 434 Warren Lane in Northwest Inglewood. The property spans a 13,493 square foot site across three contiguous parcels, currently improved with two duplexes and one single-family residence, totaling five detached dwelling units and a separate structure comprised of (5) one-car garages.
Located at a signalized intersection within the Inglewood Downtown Transit-Oriented (TOD) area and zoned MU-C (Mixed-Use Corridor), the site is well-positioned for higher-density residential, mixed-use, or a variety of commercial development. Investors and developers can benefit from in-place residential income while pursuing entitlement and permitting approvals.
Preliminary architectural studies indicate the potential for a 70-unit mixed-use development with ground-floor retail and structured parking, illustrating a feasible mid-rise podium project aligned with MU-C zoning and TOD density incentives, subject to buyer verification.
Positioned in one of Southern California's most dynamic growth markets, the property is surrounded by transformative developments including SoFi Stadium, the IntuitDome, and the Hollywood Park redevelopment, supporting long-term demand across residential, mixed-use, and commercial uses.
Investment highlights
- Prime Site on Signalized Corner — 13,493 SF across three contiguotß parcels at Centinela Ave & Warren Ln, offering strong visibility and access
- MU-C Zoning within TOD Area — Allows for higher-density residential, mixed-use, or a variety of commercial developrnent opportunities
- Preliminary Plans for 70-Unit Project Conceptual design supports a mid-rise with retail and structured parking (Buyer to Verify)
- In-Place Income During Entitlement Process — Existing residential units provide interim cash flow while pursuing approvals
- Located in High-Growth Inglewood Submarket — Near major developments including SOFi Stadium, Intuit Dome, and Hollywood Park
- Flexible Potential — Suitable for rßidential, or commercial use, allowing investors to tailor the project to market demand
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