$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
Listing Status Sold
Purchase Type For Sale
Square Footage 2,467 sqft
Price per Sqft $486
MLS Listing ID 23325203
Sold Date 04/29/24
Bedrooms 7
HOA Y/N No
Year Built 1922
Lot Size 0.324 Acres
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 105 - Lennox
Zoning LCR2YY
Interior
Interior Features Ceiling Fan(s)
Heating Central
Fireplace No
Exterior
Parking Features Driveway
Pool In Ground
Attached Garage No
Total Parking Spaces 4
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4038027012
Special Listing Condition Standard
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Bought with Isaac Ezeanioma • Amberwood Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "