$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 Detached
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
Style Detached
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1936
Lot Size 0.269 Acres
Acres 0.2692
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 lots 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 Inglewoods 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 citys 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. Dont miss this unique chance to secure a substantial lot in one of Los Angeles Countys most dynamic cities, whether youre expanding your investment portfolio or planning your next development project. Act now to capitalize on this unparalleled opportunity!
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 lots 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 Inglewoods 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 citys 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. Dont miss this unique chance to secure a substantial lot in one of Los Angeles Countys most dynamic cities, whether youre 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 Inglewood (90301)
Zoning INR-3
Interior
Interior Features Corian Counters
Cooling Central Forced Air
Flooring Carpet, Other/Remarks
Equipment Electric Oven, Gas Range
Appliance Electric Oven, Gas Range
Laundry Laundry Room, Inside
Exterior
Parking Features Garage, Garage - Single Door
Garage Spaces 2.0
Fence Wrought Iron, Chain Link
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Tile/Clay
Total Parking Spaces 2
Building
Lot Description Curbs, Sidewalks, Landscaped
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Construction Status Fixer
Others
Acceptable Financing Land Contract
Listing Terms Land Contract
Special Listing Condition Standard
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Bought with Yasmeen Awad • Keller Williams South Bay