$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 Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24071574
Sold Date 11/08/24
HOA Y/N No
Year Built 1951
Lot Size 0.279 Acres
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 INM1-L*
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type Guest Accommodations, Kitchen, Living Room, Primary Bedroom, Outside
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Fair Condition
Pool None
Community Features Curbs
View Y/N Yes
View Landmark
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre, Drip Irrigation/Bubblers, Sprinkler System
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4032006045
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, Submit
Financing Other
Special Listing Condition Standard
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Bought with Terrevia Shirley • Coldwell Banker Residential Br
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "