$1,000,000
$949,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
0.28 Acres Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24071574
Sold Date 11/08/24
Bedrooms 6
HOA Y/N No
Lot Size 0.280 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.
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 Inglewood (90303)
Zoning Assessor
Building
Lot Description Curbs
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cal Vet, Cash, Conventional
Listing Terms Cal Vet, Cash, Conventional
Financing Other/Remarks
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Bought with Terrevia Shirley • Coldwell Banker Residential Br
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States