Description
$120,000 price reduction! motivated seller – act fast!
attention savvy investors and business visionaries: this mixed-use property in the heart of inglewood just became an even more attractive opportunity! with a dramatic price adjustment from $970,000 to $850,000, the seller is motivated to close quickly, making this the perfect time to act. the new price reflects both the property’s need for updates and current market realities, including rising borrowing costs and landlord expenses. don’t miss your chance to acquire this unique gem at an unbeatable value!
back on the market and brimming with potential, this property combines a spacious commercial storefront and two fully furnished residential units in a vibrant and sought-after neighborhood. the front commercial space offers 1,060 square feet of opportunity, complete with storage and three bathrooms. located on bustling manchester boulevard, it enjoys high visibility amidst popular businesses like auto zone, winchell’s donuts, and dollar tree. ideal for retail shops, tattoo parlors, cafes, or showrooms, the space features new vinyl flooring and a lockable partition but requires further updates to maximize its full potential as a thriving business hub.
at the rear of the property, a renovated 252-square-foot studio includes a kitchenette, a meeting or workroom, a closet, and a full bath, though residential use is not permitted. a fully furnished duplex, leased at full market rent, offers cozy interiors and private backyards, adding to the property’s income potential. with some attention to the building’s condition, including transforming the outdoor patio into a functional and inviting space, this property offers endless opportunities for creativity and profit.
positioned in the heart of inglewood’s explosive growth, this property is just minutes from sofi stadium, hollywood park, kia forum, youtube theater, and the upcoming clippers stadium. the area’s dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the property’s possibilities.
this is a rare chance to own a mixed-use property in one of los angeles’s most exciting neighborhoods at an unbeatable price. take advantage of the recent price reduction and schedule a private tour today. with the seller motivated and the market responding, this property won’t last long! some images have been virtually staged for illustrative purposes.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46433701
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Balcony,Furnished,Bedroom on Main Level,Galley Kitchen
- Property Appliances: Electric Cooktop,Freezer,Microwave,Refrigerator,Water Heater
- Fireplace: None
- Flooring: Tile,Vinyl
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1938
- Building Area Total: 2,650
Security Features
- Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Security Lights
Pool Features
- None
Laundry Features
- None
Fencing
- Block,Good Condition,Security,Vinyl,Wrought Iron
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.0964
- Lot Size Dimensions: 4200
- Lot Size Source: Assessor
- Lot Size Square Feet: 4200
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Listing Information
Listing Price Information
- Original List Price: 850,000
- Listing Contract Date: 2024-07-22
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4026004003
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Door-Single,Garage,Garage Faces Rear,On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Insurance
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 102 - South Inglewood
- Postal Code Plus 4: 2434
- Directions: On W Manchester Blvd, just East of Crenshaw Blvd.
- Zoning: INC2YY
- Source Property Type: Residential Income
- Area: 102 - South Inglewood
- Property SubType: Mixed Use
Building and Construction
- Property Age: 86
- Common Walls: 1 Common Wall
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Manchester Blvd.
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 07:56
- MLS: SB24148750
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,650 sqft, 4,200 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Inglewood , in zip code 90305, this Los Angeles County Home are nearby neighborhoods.