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$999,000
Est. payment /mo
8,999 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25238881
HOA Y/N No
Year Built 1949
Lot Size 8,999 Sqft
Property Sub-Type Quadruplex
Property Description
Seize this exceptional investment opportunity in the heart of Inglewood, Los Angeles! This legally designated 3-unit property is currently configured as a 4-unit building, with one unit in the process of becoming vacant, offering immediate potential for rental income growth and long-term equity appreciation. Perfectly situated just minutes from SoFi Stadium, LAX, the new Intuit Dome (Clippers Stadium), and less than 15 minutes from vibrant Downtown LA, this property is in a highly desirable, high-demand location.
Property Highlights:
• Configuration: Legally a 3-unit building, currently utilized as 4 units, providing flexibility for increased rental income.
• Vacancy Opportunity: One vacant unit allows for immediate leasing at market rates or strategic upgrades to maximize returns.
• Prime Location: Steps from major attractions like SoFi Stadium and Intuit Dome, with easy access to LAX and Downtown LA, ensuring strong tenant demand and potential for short-term rental premiums.
• Condition: Features a new roof, new windows, and well-maintained interior and exterior, minimizing immediate maintenance costs.
• Investment Potential: Positioned in a rapidly appreciating Inglewood market, driven by major developments and infrastructure, offering significant upside for equity growth and rental increases.
This property is ideal for investors seeking a turnkey asset with both immediate cash flow and long-term value appreciation in one of LA's hottest neighborhoods. Don't miss this chance to capitalize on Inglewood's booming real estate market! This property Las has the room to build another two units in the rear to add additional income and value to the property.
Property Highlights:
• Configuration: Legally a 3-unit building, currently utilized as 4 units, providing flexibility for increased rental income.
• Vacancy Opportunity: One vacant unit allows for immediate leasing at market rates or strategic upgrades to maximize returns.
• Prime Location: Steps from major attractions like SoFi Stadium and Intuit Dome, with easy access to LAX and Downtown LA, ensuring strong tenant demand and potential for short-term rental premiums.
• Condition: Features a new roof, new windows, and well-maintained interior and exterior, minimizing immediate maintenance costs.
• Investment Potential: Positioned in a rapidly appreciating Inglewood market, driven by major developments and infrastructure, offering significant upside for equity growth and rental increases.
This property is ideal for investors seeking a turnkey asset with both immediate cash flow and long-term value appreciation in one of LA's hottest neighborhoods. Don't miss this chance to capitalize on Inglewood's booming real estate market! This property Las has the room to build another two units in the rear to add additional income and value to the property.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6076016017
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae
Special Listing Condition Standard
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Listed by Hernan Hernandez Excellence Premier Real Estate 562-228-8811
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