936 N Inglewood Avenue new

Inglewood,CA 90302

$ 1450000

- Bed

0 Bath

4651 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,651 sqft

Price per Sqft $311

MLS Listing ID CL25484445

Year Built 1940

Lot Size 0.287 Acres

Property Description

We are proud to present this 7-unit apartment in the highly desirable northwest Inglewood area! This property offers a unique opportunity to acquire the perfect value-add investment opportunity in the City of Champions! On the market for the first time in over 50 years, the offering features a total of 7 apartment units consisting of 4,651 total building square feet sitting on a large 12,480 square foot lot. The unit mix comprises of seven 1-bedroom/1-bathroom units. In the back, there are 2 single car garages, 5 carports and 3 open spaces. Electricity and gas are individually metered for each unit keeping utility costs relatively low. The garages could be converted into ADUs (buyer to confirm with city of Inglewood). All tenants are month to month at the property allowing for flexibility for a new owner. Sitting just south of Centinela Ave and west of La Brea Ave, this area of Inglewood is the most desirable pocket of the city. Single family homes north of Centinela sell for $1M+, making this opportunity highly attractive for long-term holders and value-add investors. Do not miss your opportunity to acquire this incredible property in the city of Inglewood!

Location

State CA

County Los Angeles

Zoning INP1

Interior

Cooling None

Laundry No Hookups

Building

New Construction No

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