This five-unit investment property offers incredible potential with its prime location and promising rental upside. Featuring 4 -spacious two bedroom / one bathroom units, and 1- one bedroom / one bathroom unit. 4 of the units have their own private garages, and there are 2 courtyard areas that could be used as outdoor space for the tenants. This property is located in a highly desired neighborhood and is conveniently close to major attractions such as he future Clippers Arena, the Kia Forum, LAX, SoFi Stadium, nearby shopping and the breathtaking Beach Cities and 4.5 miles from Los Angeles International Airport (LAX) This property is a gem waiting to be polished, but with the booming demand for housing in the area, renovating and upgrading this property presents an excellent opportunity to increase rental income and maximize returns over time. Don't miss out on this fantastic opportunity to own a multi-unit property in one of North Inglewood's most desirable neighborhoods. Take advantage of the incredible location, proximity to major attractions, and the potential for increased rental income. Great fixer upper opportunity. (The property is located in FEMA flood zoneX, indicating minimal flood risk).
| MLS # | MB26117076 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 101 |
| Listing Provided By | COMMONWEALTH REALTY GROUP | DOROTHY MACIAS |
| SQ Feet | 5,037 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Acreage | 0.12 |
| Cooling | Wall Window Units |
|---|---|
| Heating | Floor Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors |
| Lot Features | Two To Five Units Acre, Back Yard, Street Level |
| Fencing | Block, Wrought Iron |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Electric | Heavy |
| Property | 5878 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $1,200,000 low | high Med: $782,500 sqft: 5,037 low | high Med: 1,416 $ / sqft: $238 low | high Med: $575 On site: 101 low | high Med: 380.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $1,200,000 low | high Med: $782,500 sqft: 5,037 low | high Med: 1,416 $ / sqft: $238 low | high Med: $575 On site: 101 low | high Med: 380.5 | |
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