116 S Fir Avenue, Inglewood, CA 90301
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Listed Price :
$1,595,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1963
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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
116 S Fir Avenue |
| City |
Inglewood |
| State |
CA |
| Zip |
90301 |
| County |
Los Angeles |
| Listing Agent |
Jessie Rodriguez DRE #01418054 |
| Courtesy Of |
REAL BROKERAGE TECHNOLOGIES |
| List Price |
$1,595,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
8,000 |
| Year Built |
1963 |
Listing information courtesy of: Jessie Rodriguez, REAL BROKERAGE TECHNOLOGIES. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 27th, 2024 at 12:50 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
