$1,000,000
$949,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24073667
Sold Date 11/08/24
HOA Y/N No
Year Built 1951
Lot Size 0.279 Acres
Lot Dimensions Assessor
Property Description
Exceptional Investment Opportunity in Inglewood!
Discover this prime duplex on a 12,176 sq ft lot, perfect for investors eager to tap into the thriving Los Angeles market. This property features two units offering immediate rental income with potential for expansion and development. According to the seller, the structural integrity of the property has been well maintained.
UNIT 1 = 4-bed, 1-bath
UNIT 2 = 2-bed, 1-bath
Delivered vacant and sold as-is, investors and buyers should check the Inglewood City website for zoning and development details.
Ideal as a fixer-upper, this property is ready to be transformed into a high-yield asset. Its standout location provides stunning views of the new Clippers stadium and SoFi Stadium. Recently updated zoning (INM1L*) further enhances its potential. Buyers and their agents are advised to conduct their own due diligence regarding all aspects of the property.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning M!L
Interior
Cooling None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Fence Fair Condition
Building
Lot Description 0-1 Unit/Acre, 2-5 Units/Acre, Tear Down, Walkstreet, Yard
Story 1
Water Public
Others
Tax ID 4032006045
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, Submit, USDA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, Submit, USDA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Terrevia Shirley • Coldwell Banker Residential Br