$725,000
$710,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
5,898 Sqft Lot
SOLD DATE : 01/10/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23097470
Sold Date 01/10/24
HOA Y/N No
Year Built 1947
Lot Size 5,898 Sqft
Property Description
BACK ON THE Market!!! Single Family Property w/ Bonus Room: 1 bed/1bath Unit in the back (Granny Quarters/Rumpus Room) in Inglewood, SW of the SoFi Stadium; South of Century Blvd near Prairie. The property consists of two buildings. The front building is a 2 bedroom, 1 bath home with a front gated yard. The front home is in original condition and has a long term tenant. That is willing to stay or vacate if needed. The tenant has been responsible for all utilities (Previous back tenant was his son). The back unit was originally permitted as a "Rumpus Room." The unit is currently undergoing an extensive remodel. This unit consists of 1 bedroom, 1 bath; small kitchen and a living room area with a potential to add the attached garage as a bedroom, convert into a small studio or just leave as a single car garage. Currently, it will be left as a 1 car garage w/o a door. Washer and dryer hookups are located on the exterior side of the unit. It has space on the side for a green area. (Check with city to obtain permits to turn the garage into an ADU, add to the one bedroom unit and any other permits). The City of Inglewood installed dual pane windows and HVAC system in both units.
The area proposes good rents and is local to all shopping, schools, College and SoFi Stadium, beaches, LAX, DTLA, West LA and much more. The seller will continue to remodel the back unit and will be ready for occupancy without appliances; To be delivered vacant. Both units are on one meter for all utilities. Performa rents for a one bedroom in the area is $1,850 and an ADU/Studio $1,650 and 2 bedroom, $2,800, depending on amenities provided. Do not disturb the tenants.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning LCR3YY
Interior
Interior Features Ceiling Fan(s), Laminate Counters, All Bedrooms Down, Galley Kitchen
Heating Central
Cooling Central Air
Flooring Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance Water Heater
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Outside
Exterior
Garage Door-Single, Driveway, Garage Faces Front, Garage, Gated, On Site, Off Street, Paved, Private, Uncovered, Unpaved
Garage Spaces 1.0
Garage Description 1.0
Fence Block, Wire
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N No
View None
Roof Type Shingle
Accessibility Parking, Accessible Doors, Accessible Hallway(s)
Parking Type Door-Single, Driveway, Garage Faces Front, Garage, Gated, On Site, Off Street, Paved, Private, Uncovered, Unpaved
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4034013014
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing FHVA
Special Listing Condition Standard, Trust
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Bought with Gerald Morales • eXp Realty of California Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "