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Jacqueline Screeton

[email protected] +1(949) 395-4732

$ 1,595,000

Est. payment -/mo

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116 S Fir AVE Inglewood, CA 90301

4,688 SqFt

UPDATED:

09/30/2024 06:31 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,688 sqft

Price per Sqft $340

MLS Listing ID CV24161630

HOA Y/N No

Year Built 1963

Lot Size 8,001 Sqft

Property Description

Located in the heart of Inglewood, this highly desirable property with a great unit mix of 6 generously proportioned apartments includes one (1) one-bedroom /one-bath unit, four (4) two-bedrooms/one bath units and one (1) three-bedrooms/2 baths unit. Held and meticulously maintained by the same family since 1977, this attractive building with a strong rental history and large upside potential features ample tuck-under and carport parking perfect for converting into multiple ADUs. Drought tolerant landscaping, separate laundry facility, and one completely renovated 2 bedroom unit (delivered vacant) with new appliances, countertops, fixtures and engineered wood flooring are also present in this complex. An added bonus is SB 721 balcony retrofit has already been completed! This property’s strategic location in the “City of Champions” offers quick and easy access to shopping, dining, and the nearby iconic sports and entertainment venues: Kia Forum, SoFi Stadium, YouTube Theatre, and the Beckman YOLA Center. Transportation is a breeze with hubs like LAX and the Florence/La Brea Metro Station only a few short miles away. Significant to know, the building is not in the LAX flight path. Additionally, Cozier Middle School, City Honors International Preparatory School, and Inglewood High School are all within blocks of this property. With a high demand for housing in the area, this property affords an excellent income-generating opportunity and is a wise investment for both the experienced investor looking to expand their portfolio and the first-time buyer interested in generating passive income.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INCC*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage None

Carport Spaces 9

Pool None

Community Features Suburban

View Y/N No

View None

Parking Type None

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4020024015

Energy Description 3111.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jessie Rodriguez • REAL BROKERAGE TECHNOLOGIES • 909-206-0021

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

Jacqueline Screeton

116 S Fir AVE Inglewood, CA 90301

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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116 S Fir AVE