$645,000
$674,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1,244 SqFt
SOLD DATE : 09/13/2024
Key Details
Sold Price $645,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $518
MLS Listing ID SB24065702
Sold Date 09/13/24
HOA Y/N No
Year Built 1927
Lot Size 7,683 Sqft
Acres 0.1764
Property Description
Exceptional Investment Opportunity!! Whether you're seeking to expand your real estate portfolio or capitalize on the thriving rental market near SOFI Stadium, this duplex offers an unparalleled opportunity. The combination of location, current income, future income potential, and future development possibilities make it a lucrative investment for savvy investors.
This property consists of two distinct homes, ideal for accommodating multiple tenants or generating dual rental income. The first unit features a cozy 1 bedroom and 1 bathroom layout, while the second unit offers a more spacious 2 bedroom and 1 bathroom configuration. Each unit has it’s own outdoor laundry hook up areas.
Situated on a large 7,684 square foot lot, this property provides ample space for potential expansion or outdoor amenities. Zoned INCSYY, this may provide other development/business future opportunities in addition to it’s current multifamily income use. The alley access enhances convenience for residents and offers additional parking options.
Both units are currently rented, providing immediate income for investors. The stable rental history and proximity to SOFI Stadium, The Forum and future home of Clippers Arena ensure strong demand for tenants seeking a convenient and vibrant lifestyle.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INCSYY
Rooms
Other Rooms Shed(s)
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Outside
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup,Outside
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Disposal, Gas Range, Gas Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Outside
Exterior
Garage Gated, Private, One Space, Unassigned
Fence Chain Link
Pool None
Community Features Curbs
View Y/N No
View None
Roof Type Composition
Parking Type Gated, Private, One Space, Unassigned
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre, Irregular Lot, Landscaped, Level, Street Level
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 4021032007
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Amber Walker • Compass Long Beach
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner