$1,200,000
$1,199,900
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7 Beds
3 Baths
2,467 SqFt
SOLD DATE : 04/29/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,467 sqft
Price per Sqft $486
MLS Listing ID 23-325203
Sold Date 04/29/24
Bedrooms 7
Year Built 1922
Lot Size 0.324 Acres
Acres 0.3237
Property Description
INCREDIBLE & RARE FIND! Two detached single-family homes (4bed/2bath +Pool & 3bed/1bath) on an enormous, oversized 14,100 sq foot lot. YES, THE LOT IS OVER 14,000 SQUARE FEET AND THE PROPERTY IS TO BE DELIVERED 100% VACANT! You won't find a similiar opportunity on the market. HUGE LOT and NO TENANT ISSUES. Live in one and rent the other OR rent them both at MARKET RENTS. The possibilities and upside income potential are limited only by your imagination. Investors, developers, and owner-occupants, check out recent residential development projects nearby for inspiration. Convert detached garage into ADU for additional income or redevelop the entire 14,000 sq ft lot! You decide. Despite Inglewood address, Lennox is unincorporated Los Angeles County neighboring Del Aire, Hawthorne and Westchester. The property is ideally situated minutes from the booming developments at the heart of Inglewood's resurgence, SoFi Stadium (2.9 miles), Intuit Dome (1.5 miles) and is equally close to LAX (2.8 miles). The Airport Metro Connector station is only 1.8 miles away and will enable easy transfers from Crenshaw/LAX and Green Lines and LAX's new automated people mover system, further increasing the value and desirability of this location. The proximity to transit, great sports, recreation, and amenities, as well as low vacancy rates make this a prime investment area.
Location
State CA
County Los Angeles
Area Lennox
Zoning LCR2YY
Rooms
Other Rooms Other
Interior
Heating Central
Cooling Air Conditioning, Ceiling Fan
Equipment Gas Dryer Hookup, Ceiling Fan
Exterior
Garage Driveway, Garage Is Detached
Garage Spaces 4.0
Pool In Ground
Building
Level or Stories One
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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