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Key Details
Sold Price $3,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,572 sqft
Price per Sqft $437
MLS Listing ID 23261581
Bedrooms 14
Year Built 1946
Lot Size 0.747 Acres
Property Description
A VERY large, 3/4 of an acre, flat rectangular, R3 lot in NW Inglewood - the most sought-after submarket in Inglewood - which is one of the most sought-after investment markets in Greater LA. The City of Champions is well thought of, by apartment investors AND developers, due to its pro-growth, pro-gentrification stance and manageable, user-friendly city government. Cash-flow nicely, NOW, from 12 apartment units, while you draft plans and obtain permits for the site's highest and best use - a large apartment or condo development.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Carport
Building
Story 1
New Construction No
Others
Special Listing Condition Standard
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Bought with Brice Head • CBRE, Inc.