LABJ FORUM: Inglewood Investment?

LABJ FORUM: Inglewood Investment?

Stadium and rail line projects are underway in Inglewood, and property values are on the rise. So the Business Journal asks: Would you consider buying residential property in Inglewood?

Howard Kozloff, Managing Partner, Agora Partners

Yes, it would ,make a good investment property. Inglewood already has a good mix of housing, and it is very well located relative to the larger L.A. ecosystem. With increased and improved transit and, thus, more mobility options, I expect the retail and commercial office market to further build on what is already a good base.

Howard Marks, Chief Executive, StartEngine Crowdfunding/StartEngine Capital

I would buy now. I think L.A. is going to see sustained growth for some time. That’s not going away and there is very little room for new development. So a lot of places are getting upgrades to infrastructure, and Inglewood is one of them.

Oscar Delgado, Director of Partnerships and Development, LA84 Foundation

Yes, I would. Inglewood is Showtime! With rail, the Super Bowl and the Olympic coming in 2028, Inglewood will get an economic boost. Inglewood is already the gateway to the South Bay, a stone’s throw from downtown, and a quick share ride to the airport.

Business Journal readers weighed in, as well:

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