$900,000
$830,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,274 SqFt
SOLD DATE : 12/17/2024
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,274 sqft
Price per Sqft $706
MLS Listing ID OC24233863
Sold Date 12/17/24
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1936
Lot Size 0.269 Acres
Property Description
This rare single-story property, located near SoFi Stadium, LAX, the Intuit Dome (future home of the LA Clippers), and other major attractions, offers immense potential. Set on an expansive 11,728-square-foot flat, level, buildable lot with R3 zoning, this property is perfect for investors and developers seeking to maximize the booming growth in the City of Inglewood. Currently featuring a 2-bedroom, 1-bathroom single-family home and a detached 2-car garage, the real value lies in the lot's potential. With its generous size, there is ample opportunity to add units or redevelop the site entirely into a multi-family complex that takes advantage of Inglewood's high demand for housing. As Inglewood undergoes a period of revitalization, driven by projects like SoFi Stadium, SpaceX, the Metro Light Rail, and an array of new restaurants and amenities, this property is ideally positioned to benefit from the city's rising economic and cultural prominence. The proximity to freeways and LAX further enhances accessibility, making it a desirable choice for future tenants and buyers alike. With the 2028 Olympics on the horizon, the need for additional housing is only set to grow, promising strong rental yields and significant property appreciation. Don't miss this unique chance to secure a substantial lot in one of Los Angeles County's most dynamic cities, whether you're expanding your investment portfolio or planning your next development project. Act now to capitalize on this unparalleled opportunity!
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INR-3
Rooms
Other Rooms Shed(s), Storage
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s), Separate/Formal Dining Room, Solid Surface Counters, All Bedrooms Down, Bedroom on Main Level
Heating Forced Air
Cooling Central Air
Flooring Carpet, See Remarks
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Gas Range, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Parking Features Concrete, Covered, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link, Wrought Iron
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Clay,Tile
Accessibility None
Porch Covered
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level, Yard
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Shed(s), Storage
New Construction No
Construction Status Fixer
Schools
School District Inglewood Unified
Others
Senior Community No
Tax ID 4020013014
Security Features Security System,Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Contract
Listing Terms Contract
Financing Cash
Special Listing Condition Standard
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Bought with Yasmeen Awad • Keller Williams South Bay