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8265CRENSHAW DRIVE
INGLEWOOD, CALIFORNIA
SIX UNIT APARTMENT BUILDING
OFFERING MEMORANDUM
INGLEWOOD, CALIFORNIA 90305
8265CRENSHAW DRIVE
Pacific Union Commercial and Pacific Union International do not guarantee the accuracy of estimates, square footages, lot size, government approvals, government conditions, government allowances, construction feasibility, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property, project or possible projects provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, possibilities, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property is to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are shown for illustrative purposes and not necessarily meant to be an actual depiction of what can be built. | Svidler License 01884474.
For further information contact:
DARIO SVIDLER Executive Vice President & Regional [email protected] 01884474
.............................................................. ABOUT DARIO
............................................................ THE OFFERING
............................................ PROPERTY OVERVIEW
.................................................. PROPERTY PHOTOS
.................................................................... RENT ROLL
................................................................................ MAPS
.................................................................. FINANCIALS
............................................... POINTS OF INTEREST
............................... METRO CRENSHAW LIGHT RAIL
................................................ CITY OF CHAMPIONS
............................................................... WALK SCORE
4678
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TABLE OF CONTENTS
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 3PACIFIC UNION COMMERCIAL
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 4PACIFIC UNION COMMERCIAL
Dario SvidlerExecutive Vice President & Regional DirectorPacific Union Commercial
I grew up with Real Estate all around me. My father, a Structural Engineer and practicing General Contractor, and my mother, an Architect, have been bringing me to their job sites since I was born.
I have experienced all facets of the Construction and Real Estate Businesses, ranging from Commercial and Industrial to all types of Residential. As a Real Estate Salesperson, I have sold in excess of $200 million in Real Estate and am well on my way to doubling that number. My talent in finding Value-Add Properties have made me an indispensable asset to a select group of Clients and Investors looking to add higher-yielding properties to their portfolio.
I am a member of the Real Estate and Construction Division of the Jewish Federation and an alumnus of the American Jewish University.
License 01884474
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 5PACIFIC UNION COMMERCIAL
A COMMITMENT TO YOUWHAT WE ARE.
First, and foremost, Pacific Union is a California-based real estate brokerage that leverages our global network, media savvy and command of the market to provide our clients with a discreet and peerless level of real estate services.
We are a select group of the finest, principled and reputable agents in the market.
We are distinguished in the marketplace by our emphatic sales volume, and reputed for our integrity, market intelligence and a genuine connection to our communities. We are proud of these accomplishments. We work diligently everyday to maintain them.
This is what we are.
WHO WE ARE.
What a company is should be driven by who they are at the core and what they believe in that drives them to do what they do.
In this regard, Pacific Union is a group of professionals that believe in the sanctity of real estate ownership and the inalienable right everyone has to own real estate.
To support our beliefs, we create optimum conditions required to provide the deepest level of regard, respect, care, empathy, commitment and services possible to buyers, sellers, our associates and our competitors.
We are people who care about the lives, the careers, the families, the financial securities and the peace of mind for everyone we touch.
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 6PACIFIC UNION COMMERCIAL
About a mile to the coming Metro Station!
THEOFFERINGINGLEWOOD 6 UNIT APARTMENT BUILDINGOn offer is a charming 6 unit apartment building consisting of four 1+1s and two 2+1s. Each home has it’s own private one car garage with driveway parking in front. Some units were recently updated and with the changes happening in Inglewood, the current upside of 25% may seem like peanuts. Great visibility on a corner lot and about a mile to the new Crenshaw Light Rail Line Station!
Pacific Union Commercial and Pacific Union International do not guarantee the accuracy of estimates, square footages, lot size, government approvals, government conditions, government allowances, construction feasibility, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property, project or possible projects provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, possibilities, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property is to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are shown for illustrative purposes and not necessarily meant to be an actual depiction of what can be built. | Svidler License 01884474 | Braverman License 01861842.
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 7PACIFIC UNION COMMERCIAL
PROPERTY OVERVIEW
8265 Crenshaw Drive, Inglewood, CA
PRICE $1,439,000UNITS Four 1+1 | Two 2+1CAP 3.68% | 5.54% (Market)GRM 15.58 | 11.76 (Market)PRICE PER GSF $335PRICE PER DOOR $239,833GARAGES 6YEAR BUILT 1952BUILDING SIZE 4,297 Sq. Ft.LOT SIZE 6,729 Sq. Ft.MUNICIPALITY InglewoodRENT CONTROL None (as of 2018)APN 4011-013-014
PROPERTY HIGHLIGHTS• Corner Lot
• Large Homes
• Each home with a private garage and driveway parking
• Huge Upside
• About a Mile to the New Metro Light Rail Station (Crenshaw Line)
• Less than a Mile to the Forum
• Around a Mile to the under-construction City of Champions (Stadium and
Entertainment Complex)
Pacific Union Commercial and Pacific Union International do not guarantee the accuracy of estimates, square footages, lot size, government approvals, government conditions, government allowances, construction feasibility, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property, project or possible projects provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, possibilities, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property is to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are shown for illustrative purposes and not necessarily meant to be an actual depiction of what can be built. | Svidler License 01884474 | Braverman License 01861842.
Buyer and Buyer’s Representative to rely solely on their own research and investigations. This information is provided as a courtesy.
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 8PACIFIC UNION COMMERCIAL
PROPERTY PHOTOS
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 9PACIFIC UNION COMMERCIAL
PROPERTY PHOTOS
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 10PACIFIC UNION COMMERCIAL
PROPERTY PHOTOS
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 11PACIFIC UNION COMMERCIAL
RENT ROLL
Address Type Rent
3407 W 83rd St., Unit 1 1+1 $1,200
3407 W 83rd St., Unit 2 1+1 $1,250
8265 S. Crenshaw Dr., Unit 1 1+1 $1,045
8265 S. Crenshaw Dr., Unit 2 2+1 $1,475
8265 S. Crenshaw Dr., Unit 3 1+1 $1,200
8265 S. Crenshaw Dr., Unit 4 2+1 $1,475
Monthly Total $7,645
Annual Total $91,740
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 12PACIFIC UNION COMMERCIAL
MAPS
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 13PACIFIC UNION COMMERCIAL
$1,439,000 Taxes $17,988Number of Units: 6 Insurance $0.50 / RSF $2,149Cost per Legal Unit: $239,833 Utilities $75 / Unt / Mnt $5,400Current GRM: 15.58 Repairs + Maint $45 / Unt / Mnt $3,240Market GRM: 11.76 Trash/Pest/Garden $35 / Unt / Mnt $2,520Current CAP: 3.68% Off-site Manager 4.0% $3,584Market CAP: 5.54% Reserves 2.0% $1,792Approx. Age: 1952Approx. Lot Size: 6,750 Total Expenses: $36,671Approx. Building SF: 4,297 Per Net Sq. Ft.: $8.53Cost per GSF: $335 Per Unit: $6,112
Current Rents92,340 122,400 25% upside(2,752) 3.0% (6,060) 5.0%
89,588 116,340 (36,671) 39.7% (36,671) 30.0%52,917 79,669
No. of Units Unit Mix Mo. Rent/Unit Mo. Income Mo. Rent/Unit Mo. Income
4 1+1 $1,174 $4,695 $1,550 $6,2002 2+1 $1,475 $2,950 $1,950 $3,900
Avg. Rent/Gr. Sq. Ft. $1.78 $2.35
Total Scheduled Rent: $7,645 $10,100
Other Income: $50 $100
Monthly Scheduled Gross Income: $7,695 $10,200
Annual Scheduled Gross Income: $92,340 $122,400
Less Expenses:
Summary Estimated Annualized Expenses
Price:
Market Rents Annualized Operating Data
Scheduled Gross Income: Less Vacancy Rate Reserve: Gross Operating Income:
Net Operating Income:
Scheduled Income
Current Rents Market Rents
FINANCIALS
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 14PACIFIC UNION COMMERCIAL
Downtown Inglewood
LA Stadium & Entertainment District
City of Champions under construction
POINTS OF INTEREST
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 15PACIFIC UNION COMMERCIAL
POINTS OF INTEREST
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 16PACIFIC UNION COMMERCIAL
POINTS OF INTEREST
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 17PACIFIC UNION COMMERCIAL
METRO CRENSHAW LIGHT RAILThe Metro Crenshaw/LAX Line will extend from the existing Metro Exposition Line at Crenshaw and Exposition Boulevards. The Line will travel 8.5 miles to the Metro Green Line and will serve the cities of Los Angeles, Inglewood and El Segundo; and portions of unincorporated Los Angeles County. The new Metro Rail extension will offer an alternative transportation option to congested roadways and provide significant environmental benefits, economic development and employment opportunities throughout Los Angeles County. Riders will be able to make easy connections within the entire Metro Rail system, municipal bus lines and other regional transportation services.
The Crenshaw/LAX Transit Project will serve the Crenshaw District, Inglewood, Westchester and surrounding area with eight stations, at:
1. Expo/Crenshaw
2. Martin Luther King Jr.
3. Leimert Park
4. Hyde Park
5. Fairview Heights Florence Ave. & West Blvd. Around 1.1 Miles from 8265 Crenshaw Drive
6. Downtown Inglewood
7. Westchester/Veterans
8. Aviation/Century
HIG
HLA
ND
3RD
TEMPLE
RAM
PART
SAN VICENTE
BURTON
RO
SSM
OR
E
WILSHIRE
MELROSE
WES
TER
N
NO
RM
AN
DIE
VER
MO
NT
LA B
REA
SUNSET
BARRINGTON
EXPOSITION
PICO
MARTIN LUTHER KING JR BL
CADILLAC
WES
T
RED
ON
DO
HAU
SER
SANTA MONICA FWY
OLYMPIC
OLYMPIC
WASHINGTON
ADAMS
8TH8TH
JEFFERSON
HO
OVE
R
WIL
TON
RO
BER
TSO
N
FAIR
FAX
PICO
WILSHIRELA
CIE
NEG
A
WASHINGTON
VENICE
3RD
6TH
23RD
MA
IN
STOCKER 48TH
FAIRVIEW
STOCKER
54TH
60TH
60TH 60TH
GAGE
HYDE PARK
SLAUSON
SOUTHWEST
LEIMERT
FAIRVIEW
OVERHILLB
UCK
LER
ANGELES VISTA
BEACH
AR
LIN
GTO
N
LA B
REA
LA B
REA
MA
RK
ET
OVERLAND
SAWTELLE
CENTINELA
JEFFERSON
LA TIJERA
LA CIENEGA
SLAUSON
MARINA FWY
ARBOR VITAE
90TH
8TH
HILLCREST
ING
LEW
OO
D
AIR
PO
RT
WES
TER
N
135TH
MARIPOSA
135TH
WESTCHESTER PKWY
MANCHESTER
120TH
NA
SH
MA
IN
WES
TER
N
VAN
NES
S
VER
MO
NT
NO
RM
AN
DIE
MANCHESTER
ARBOR VITAE
IMPERIAL HWY
PR
AIR
IE
108TH
CENTURY
LA B
REA
LA C
IEN
EGA
AVIA
TIO
N
VAN
NES
S
NO
RM
AN
DIE
IMPERIAL
GRAND
HO
OVE
R
FIG
UER
OA
MA
IN
BR
OA
DW
AYB
RO
AD
WAY
MA
IN
FIG
UER
OA
RA
MO
NA
HA
WTH
OR
NE
PR
AIR
IE
YUK
ON
SILVER LAKE B
L
SAN
PED
RO
ST
SEPULVEDA
CULV
ER
SEP
ULV
EDA
SEP
ULV
EDA
BEVER
LY DR
BEVERLY
6TH
VENICE
PALMS BL
EL SEGUNDO
CREN
SHAW
RIM
PAU
CR
ENSH
AW
BL
VERNON
FLORENCE
FLORENCE
ING
LEW
OO
D
BEVERLY BL
WASHINGTON BL
MARTIN LUTHER KING JR BL
INGLEWOOD
FAIR
FAX
WES
T
SANTA MONICA BL
EL SEGUNDO
LA B
REA
10
110
110
405
1
1
90
101
Martin LutherKing Jr
LeimertPark
Hyde Park
FairviewHeights
DowntownInglewood
Westchester/Veterans
Aviation/Century
Expo/La Brea
Farmdale
Expo/Crenshaw
Expo/Western
Culver City
Expo Park/USC
Jefferson/USC
23rd St
Expo/Vermont
La Cienega/Jefferson
Harbor Fwy
Vermont/Athens
Douglas
El Segundo
Mariposa
Aviation/LAX
Hawthorne/Lennox
Crenshaw
Wilshire/Western
Wilshire/Normandie
Westlake/MacArthur
Park
Vermont/Beverly
Wilshire/Vermont
Slauson
37th St/USC
Manchester
105
405
405
105
PARKLA BREA
MID-CITY
LADERAHEIGHTS
BALDWINHILLS
WEST HOLLYWOOD
HANCOCKPARK
BEVERLYHILLS
CHEVIOTHILLS
CENTURYCITY
PALMS
ATHENS
LAX
MORNINGSIDEPARK
HYDEPARK
LEIMERTPARK
WESTCHESTER
WESTADAMS
KOREATOWN
WILSHIRE CENTER
LENNOX
INGLEWOOD
EL SEGUNDO
HAWTHORNE
LOS ANGELES
GARDENA
CULVER CITY
Existing Metro Rail & Station
Metro Silver Line & Station
Purple Line Extension (under construction)
Purple Line Extension(approved alignment)
Exposition Transit Corridor Phase 2 (under construction)
Harbor Subdivision
Light Rail (LRT) Alignment & Station
At-Grade LRT
Below Grade LRT
Aerial LRT
Maintenance Yard Site
Parking
Subject to Change 14-0207 ©2013 LACMTA
Crenshaw/LAX Transit Corridor(under construction)
16-0208 ©2015 LACMTA
Crenshaw/LAX Transit Project
8265 Crenshaw Drive
CO
LDW
ATER
CA
NYO
N
RO
SCOM
AR
E
BEVERLY GLEN
CANYON
BEN
EDICTSA
N D
IEGO
FWY
BEA
CH
WO
OD
GO
WER
HIG
HLA
ND
GOLDEN STATE FWY
MT
HOLLYWOOD VISTA DEL
VALLE
CYN
COMMONWEALTH
CANYON
WILLOWGLEN
WES
TER
N CO
MM
ON
WEA
LTH
HIL
LHU
RST
MULHOLLAND
MULHOLLAND
3RD
TEMPLE
HYP
ERIO
N
ST. GEORGE
RAM
PART
FRANKLIN
SUNSET
TRACY
SAN VICENTE
BURTON
RO
SSM
OR
E
WILSHIRE
MELROSE
FAIR
FAX
HIL
GAR
D
WES
TER
N
NO
RM
AN
DIE
GA
RFI
ELD
VER
MO
NT
LA B
REA
ROWENA
LA B
REA
VIN
E SUNSET
GRIFFIT
H
ALVA
RADO
SUNSET
TALM
AD
GE
SUNSET
STEWART
OLYMPIC
18TH17TH
BUNDY
BUN
DY
PICO
AIRPORT
VETERAN
NATIONAL
CENTIN
ELA
SAWTELLE
BARRINGTON
SANTA MONICA FWY
CHURCH
MONTANA
WESTW
OOD
BARRINGTON
EXPOSITION
PICO
MARTIN LUTHER KING JR BL
CADILLAC
WES
T
RED
ON
DO
HAU
SER
SANTA MONICA FWY
OLYMPIC
OLYMPIC
WASHINGTON
ADAMS
8TH8TH
JEFFERSON
HO
OVE
R
WIL
TON
RO
BER
TSO
N
FAIR
FAX
PICO
WILSHIRE
LA C
IEN
EGA
WASHINGTON
VENICE
3RD
6TH
6TH
FLOW
ER
11TH
FIGUEROA
12THBLVD
23RD
12THBLVD
BROADW
HILL
23RD
BROA
DWAY
MA
IN
JEFFERSON
SAN
PED
RO S
T
BROADW
HILL
WASHING
54TH
SLAUSON
GAGE
STOCKER 48TH
FAIRVIEW
STOCKER
54TH
60TH
60TH 60TH
GAGE
HYDE PARK
SLAUSON
SOUTHWEST
LEIMERT
FAIRVIEW
OVERHILLB
UCK
LER
ANGELES VISTA
BEACH
AR
LIN
GTO
N
LA B
REA
LA B
REA
MA
RK
ET
ROSE
OVERLAND
CALI
FORNIA
BEETHOVEN
WALGROVE
SAWTELLE
LINCOLN
ABBOT
KINNEY
CENTINELA
JEFFERSON
ADMIRALTY
LA TIJERA
LA CIENEGA
VIA MARINA
PACIFIC
FIJI
SLAUSON
MARINA FWY
ARBOR VITAE
90TH
8TH
HILLCREST
ING
LEW
OO
D
AIR
PO
RT
WES
TER
N
135TH
MARIPOSA
135TH
WESTCHESTER PKWY
MANCHESTER
120TH
NA
SH
VISTA DEL M
AR
MA
IN
WES
TER
N
VAN
NES
S
VER
MO
NT
NO
RM
AN
DIE
MANCHESTER
ARBOR VITAE
IMPERIAL HWY
PR
AIR
IE
108TH
CENTURY
LA B
REA
LA C
IEN
EGA
AVIA
TIO
N
VAN
NES
S
NO
RM
AN
DIE
IMPERIAL
GRAND
HO
OVE
R
COLDEN
108TH
124TH
FIG
UER
OA
135TH
MA
IN
BR
OA
DW
AYB
RO
AD
WAY
103RD
MA
IN
FIG
UER
OA
CENTURY
WES
TER
N
MARINE
161ST
VER
MO
NT
REDONDO BEACH
ALONDRA
S M
AIN
STAN
FOR
D
RA
MO
NA
HA
WTH
OR
NE
PR
AIR
IE
ROSECRANS
YUK
ON
ROSECRANS
MARINE
FIG
UER
OA
ROSECRANS
VAN
NES
S
MARINE
ARDMORE
GOULD
HIGH
LAND
AVIA
TIO
N
SILV
ER L
AKE
BL
SILVER LAKE B
L
SAN
PED
RO
STSA
N P
EDR
O S
T
PED
RO
ST
SAN
PED
RO
ST
AVA
LON
BL
AVA
LON
BL
LOS FELIZ BL
LOS FELI Z BL
LOS FELIZ BL
OCEAN PARK
SEPULVEDA
SEPULVEDA BL
SEPULVEDA BL
SEPU
LVEDA
BL
CULV
ER
SEP
ULV
EDA
SEP
ULV
EDA
BEVER
LY DR
BEVERLY
6TH
W S
ILVE
RLA
KE
BLHOLLYWOOD BL
HOLLYWOOD BL
VENICE
PALMS BL
EL SEGUNDO
MANHATTAN BEACH BL
MANHATTAN BEACH
HERM
OSA
CREN
SHAW
RIM
PAU
CR
ENSH
AW
BL
GR
IFFITH PA
RK
DR
RED
ON
DO
B
EAC
H
VERNON
VERNON AV
MANCHESTER
SANTA MONICA BL
SANTA MONIC
A BL
REDONDO BEACH BL
SAN
GLEN
DA
LE BL
ARTESIA BL
GLENDALEG
LEN
DA
LE B
L
ARTESIA BL
FLORENCE
FLORENCE
ING
LEW
OO
D
GARDENA BLGARDENIA
HA
RB
OR
FW
Y
BR
OA
DW
AY
BEVERLY BL
WASHINGTON WASHINGTON BL
MARTIN LUTHER KING JR BL
PAR
K B
L
INGLEW
OOD
INGLEWOOD
MAIN
MARINE
FIR
MO
NA
OSA
GE
FREE
MA
N
FAIR
FAX
WES
T
MC
KIN
LEY
NIC
HO
LSCA
NYO
N
SANTA MONICA BL
SANTA MONICA BL
EL SEGUNDO
LA B
REA
10
110
110
405
91
107
1
1
1
90
2
2
91
101
101
101
GLENDALE
Martin LutherKing Jr
LeimertPark
Hyde Park
FairviewHeights
DowntownInglewood
Westchester/Veterans
Aviation/Century
Expo/La Brea
Farmdale
Expo/Crenshaw
Expo/Western
Culver City
Expo Park/USC
Jefferson/USC
23rd St
Expo/Vermont
La Cienega/Jefferson
GLENDALE
Harbor Fwy
Vermont/Athens
Redondo Beach
Douglas
El Segundo
Mariposa
Aviation/LAX
Hawthorne/Lennox
Crenshaw
Avalon
Wilshire/Western
Wilshire/Normandie
Westlake/MacArthur
Park
Vermont/Beverly
Wilshire/Vermont
Hollywood/Highland
Slauson
37th St/USC
Manchester
105
405
405
105
VENICE
LOSFELIZ
PARKLA BREA
MID-CITY
MARINADELREY
LADERAHEIGHTS
BALDWINHILLS
BEL AIR
UCLA
OCEANPARK
WEST
LOS ANGELES
ATWATERVILLAGE
HOLLYWOODHILLS
WEST HOLLYWOOD
SILVERLAKE
HANCOCKPARK
HOLLYWOOD
BEVERLYHILLS
CHEVIOTHILLS
CENTURYCITY
PALMS
LAWNDALEMANHATTAN BEACH
ATHENS
LAX
MORNINGSIDEPARK
FLORENCE
HYDEPARK
LEIMERTPARK
WESTCHESTER
WESTADAMS
KOREATOWN
WILSHIRE CENTER
WESTWOOD
LENNOX
INGLEWOOD
EL SEGUNDO
HAWTHORNE
LOS ANGELES
GARDENA
CULVER CITY
Existing Metro Rail & Station
Metro Silver Line & Station
Purple Line Extension (under construction)
Purple Line Extension(approved alignment)
Exposition Transit Corridor Phase 2 (under construction)
Harbor Subdivision
Light Rail (LRT) Alignment & Station
At-Grade LRT
Below Grade LRT
Aerial LRT
Maintenance Yard Site
Parking
Subject to Change 14-0207 ©2013 LACMTA
Crenshaw/LAX Transit Corridor(under construction)
Línea y estación de Metro existente
Metro Silver Line y estación
Extensión de Purple Line (bajo construcción)
Extensión de Purple Line (alineamiento aprobado)
Corredor de Transporte Exposition fase 2(bajo construcción)
Harbor Subdivision
Estación y alineamiento de tren ligero (LRT)
LRT a nivel de la calle
LRT debajo de nivel
LRT a nivel elevado
Sitio de mantenimiento
Estacionamiento
Sujeto a cambios 16-0208 ©2015 LACMTA
Corredor de Transporte Crenshaw/LAX(bajo construcción)
16-0208 ©2015 LACMTA
Crenshaw/LAX Transit Project
LAX Automated People Mover linking the Crenshaw Metro Line to LAX pictured at right.
8265CRENSHAW DRIVE
8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 18PACIFIC UNION COMMERCIAL
CITY OF CHAMPIONS | LOS ANGELES STADIUM AND ENTERTAINMENT DISTRICT AT HOLLYWOOD PARK
3,000 new residential units, an artificial lake, and a revamped casino are just a few features of a huge Hollywood Park makeover.
“City of Champions Stadium” is the temporary name of a sports and entertainment complex to be built in Inglewood, California, about 3 miles from LAX, a stone’s throw to Inglewood’s Downtown District and adjacent to The Forum concert and event venue. The stadium will serve as the home of the Los Angeles Rams when it opens in 2019.
The stadium is a component of the City of Champions Revitalization Initiative, the working title of the development on the site of the former Hollywood Park Racetrack.
The stadium and surrounding development around the site includes 8.5 million square feet of office space, a 6,000 seat theater and the NFL Flagship Campus, an NFL Network studio, and the headquarters for the National Football League's digital properties.
Other possible uses for the stadium site include the NCAA Men's Basketball Final Four, a venue in any American bid for the FIFA World Cup, the Los Angeles bid for the 2024 Summer Olympics, WrestleMania, boxing matches, the NFL Draft, college bowl games, international soccer friendlies, concerts, community events, award shows, movie showings, rodeos, high school sporting events, monster truck rallies, auto shows, boat shows, flea markets, wedding expos, political conventions, comic book conventions, Star Trek conventions, a natural disaster shelter, religious rallies, circuses, the X Games, Pro Bowl, and NFL scouting combine, among others.
The stadium-adjacent housing will consist primarily of apartments and townhouses, interspersed with green park space. An artificial lake, complete with waterfalls, will provide a centerpiece to the community space. A representative for Hart Howerton, the architectural firm helping to develop the project, says that the firm has been trying to ensure that the housing and retail components of the complex will integrate smoothly with the surrounding neighborhood.
At the same time, the developers clearly want the project to stand out. Special care has been taken to make the complex a visually arresting sight from the windows of the 1,500 aircrafts that fly overhead and land nearby at LAX daily. Winding streets and paths will be featured throughout.
The stadium will also be the site of Super Bowl LV in 2021.
20 MINUTE WALKING AREA
8265 CRENSHAW DRIVE
ABOUT THIS LOCATION8265 Crenshaw Drive has a Walk Score of 66 out of 100. This location is Somewhat Walkable so some errands can be accomplished on foot.
This location is in the Morningside Park neighborhood in Inglewood. Nearby parks include Darby Memorial Park, Queen Park and Centinela Park.
https://www.walkscore.com/score/8265-crenshaw-dr-inglewood-ca-90305
PACIFIC UNION COMMERCIAL 8265 CRENSHAW DRIVE | PRESENTED BY DARIO SVIDLER | 19
DARIO SVIDLER Executive Vice President & Regional [email protected] 01884474
PACIFIC UNION COMMERCIAL150 S. Rodeo Drive, Suite 100
Beverly Hills, CA 90212
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