925 N Eucalyptus Avenue new

Inglewood,CA 90302

$ 4100000

- Bed

0 Bath

8572 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,572 sqft

Price per Sqft $478

MLS Listing ID CL25486081

Year Built 1946

Lot Size 0.747 Acres

Property Description

We are proud to exclusively list for sale a rare, covered land play opportunity in NW Inglewood - the potential play is to rehab the existing 12 units and utilize SB1211 to add new ADUs. The large INR3 lot is over 32K SF and has 130 SF of frontage on N. Eucalyptus Ave. - which is a quiet residential street in Inglewood. The property is a short walk to the La Brea & Centinela intersection which has major retailers like Ralphs, Starbucks and 7-Eleven. Walk Score considers this property as Walker's Paradise. The existing property spans 6 structures totaling of 8,572 SF, spread out over the 12 existing units. The front and middle structures (four total) are one-story bungalow-style duplexes. The back two structures consist of two-story duplexes over tuck-under garages. Four units can potentially be delivered vacant, allowing your construction crew to get started right away with the rehab project! The property is in a dense area with over 42,000 residents in a one-mile radius, with an average household income close to $90,000 within that radius. Inglewood, being a smaller municipality surrounded by Los Angeles, is currently going through a renaissance, and will soon be connected by Light-Rail to the rest of the region, including LAX. The City of Inglewood has become a major hub for pr

Location

State CA

County Los Angeles

Zoning INR3

Building

New Construction No

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