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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Duet
Listing Status Sold
Purchase Type For Sale
Square Footage 1,758 sqft
Price per Sqft $568
MLS Listing ID CRSB24068577
Sold Date 11/08/24
Bedrooms 8
Full Baths 2
HOA Y/N No
Year Built 1951
Lot Size 0.280 Acres
Acres 0.2795
Property Description
Welcome to an exceptional INVESTMENT OPPORTUNITY in the vibrant heart of Inglewood! DELIVERED VACANT!!** This Duplex, nestled on a vast lot of 12,176 square feet, offers immense potential for savvy investors looking to capitalize on the dynamic real estate market of Los Angeles. Situated on a huge lot, this property boasts ample space for expansion and development. Currently, three units occupy the lot, providing immediate rental income while offering the flexibility to explore additional construction opportunities.(4 Beds, 1 bath in 1st Unit, 2 Bed 1 Bath in Unit 2, Garage converted into 2 bedroom) This property presents itself as a fixer-upper, ready to be transformed into a lucrative investment. With a vision and a little TLC, you can unlock the full potential of this gem and turn it into a highly desirable income-generating asset.One of the most captivating features of this property is its enviable location. From here, you can enjoy breathtaking views of the new Clippers stadium and the iconic SoFi Stadium, enhancing the allure of this investment. It's worth noting that the zoning for this property has recently been updated(INM1L*). Investors are encouraged to refer to the Inglewood City website for detailed information regarding the zoning regulations and potential developme
Location
State CA
County Los Angeles
Area Listing
Zoning INM1
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Garage Spaces 1.0
Pool None
View Y/N true
View Other
Total Parking Spaces 1
Private Pool false
Building
Story 1
Water Public
Level or Stories One Story
New Construction No
Schools
School District Inglewood Unified
Others
Tax ID 4032006045
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with TerreviaShirley