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Inglewood, CA 90301,725 S Osage AVE
Inglewood, CA 90301,725 S Osage AVE
Inglewood, CA 90301,725 S Osage AVE
$1,555,000
Est. payment /mo
$1,632,000
4.7%
Est.Price: ?

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10,589 Sqft Lot
SOLD DATE : 10/03/2023

Key Details

Sold Price $1,555,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23123976

Year Built 1923

Lot Size 10,589 Sqft

Property Description

We are pleased to present 725 S Osage Ave, Inglewood. This property is improved by 5 units all single-story on a large 10,588 SF corner lot. Located one block from the $5.5 Billion SoFi Stadium & Hollywood Park and four blocks to The Forum, this site presents an excellent opportunity to redevelop or build ADU's. Based on the lot size and R3 zoning, a developer could build 7 units by right or 9 units with the allowable 20% density bonus. The property has a desirable layout with a duplex in the front and three detached bungalow style units in the rear, consisting of (2) 2-bed/1-bath and (3) 1-bed/1-bath units. Given the unbeatable Inglewood location, rental upside, and development potential, this is an ideal opportunity for both value-add investors and builders in one of the fastest growing rental submarkets in the country.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Laundry In Kitchen

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

Building

Lot Description Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
Bought with Larson Harley • Lyon Stahl Investment Real Estate, Inc.
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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