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8464 Byrd Avenue, Inglewood
$1,500,000
4 Beds ⋅ 3 Baths ⋅ 25534047 MLS ⋅ Active Status

8464 Byrd Avenue, Inglewood
2703 W 79th Street, Inglewood
$799,000
2 Beds ⋅ 2 Baths ⋅ 24462775 MLS ⋅ Active Status
Unique opportunity to build 1-2 units (by-right - fully entitled) in hot Morningside area of Inglewood. Invest in this booming area alongside billions of dollars of new development activity - SOFI Stadium, Intuit Dome, and the Kia Forum. Vacant lot entitled for either a single-family home (SFR) + and ADU or two-unit duplex (allows 2x800sqft units) 800 sq. ft projected to rent for up to $3,500, implying duplex rents of up to $7,000 per month. No off-street parking required, and no CEQA EIA or hearings required (ministerial approvals) Lots of upside potential, and a great opportunity to earn an outsized return. Build 2 x 800 sq ft duplex (1,600 sq. ft total) for ~$450k all-in, bringing total build (hard costs and soft costs) + land to $800,000 (we can refer you to a prefab builder ready to go at these prices). Imagine - a brand new construction duplex getting $6,000/month in rent for just $800,000 (that's about a 6.75% CAP rate!) - or flip it post-construction for $1.1mm+ Ask us how! Buyer to verify all claims regarding development ability, future values, and income potential.

2703 W 79th Street, Inglewood
915 Enterprise Avenue, Inglewood
$1,550,000
11 Beds ⋅ 11 Baths ⋅ 24355997 MLS ⋅ Active Under Contract Status
Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) | 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit | Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify | Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify | Large 7,501-SF Lot | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 | Private Balconies & On-Site Laundry Facility | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project

915 Enterprise Avenue, Inglewood

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.