826 E 65th Street, Inglewood, CA 90302

$749,500
4
BD
3
BA
1,624
SqFt

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List Price
$749,500
Price Change
▼ $41,000 1782248106
Status
ACTIVE
MLS#
26718223
Year Built
1921
Bedrooms
4
Bathrooms
3
Living Sq. Ft
1,624
Lot Size
9,118
Acres
0.21
Days on Market
121
Property Type
Multifamily
Stories
One Level

Property 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!!

Additional Information

Heat
Floor Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: William Elkins (realestate1819@gmail.com) from Listing Office: William Elkins.

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Calculator source: Real Geeks

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.