826 E 65th Street,Inglewood, CA 90302
Inglewood, CA 90302
Description
**VALUE-ADD INGLEWOOD TRIPLEX OPPORTUNITY DELIVERED VACANT **!!! Excellent opportunity for an investor, owner-user or value-add buyer. Set in the vibrant and rapidly transforming city of Inglewood, this property sits at the center of massive development and ongoing gentrification. Just minutes from Sofi Stadium, Intuit Dome & the historic Forum. Inglewood is experiencing a renaissance, with new entertainment venues, shopping, and dining options sprouting up, making it a prime area for growth. Whether you're a savvy investor looking to flip for a quick profit, a buy-and-hold investor aiming to maximize rental income, or an owner-occupant seeking to live in one unit while renting the others out & offsetting your mortgage, this triplex is brimming with potential. ARV is around $1.2-$1.3 million, with a potential spread of $400,000-$500,000. Public/title records reflect a **three-unit property**, while the property is presently configured differently from its historical three-unit layout. The front residence is currently configured as a **2-bedroom/2-bath unit** and was reportedly previously configured as **two separate 1-bedroom/1-bath units**. The rear unit is a 1BD./1BTH. residence that has some code violations(available upon request). Seller is prepared to address the existing City of Inglewood code-enforcement items during escrow. This creates an attractive opportunity to acquire a vacant multifamily asset, complete the necessary improvements and investigate restoration of the property's prior three-unit configuration. Buyer to independently investigate and verify the property's historical and current unit configuration, permitted use, square footage, and requirements for any reconfiguration with the City of Inglewood. SELLER IS MOTIVATED!!
Details
| MLS # | 26718223 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 141 |
| Listing Provided By | William Elkins | William Elkins |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,624 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | INR2YY |
| Acreage | 0.21 |
Interior
| Cooling | None |
|---|---|
| Heating | Floor Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Attached Garage Yes / No | No |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $749,500 low | high Med: $725,000 sqft: 1,624 low | high Med: 800 $ / sqft: $462 low | high Med: $906 On site: 141 low | high Med: 15 | |
Market Activity 90302
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90302 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90302) | |
Price: $749,500 low | high Med: $725,000 sqft: 1,624 low | high Med: 800 $ / sqft: $462 low | high Med: $906 On site: 141 low | high Med: 15 | |
