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Ever Banuelos

ever.banuelos@gmail.com +1(323) 833-9824

$850,000

Est. payment - /mo

5 Beds

2 Baths

1,066 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,066 sqft

Price per Sqft $797

MLS Listing ID 26834715

Bedrooms 5

Year Built 1955

Lot Size 5,744 Sqft

Acres 0.1319

Property Sub-Type Multi-Family

Property Description

Duplex DELIVERED VACANT AT CLOSE OF ESCROW! ARV appraisal included at $2,200,000 - Located in a prime location near vibrant Inglewood and just moments from SoFi Stadium and Intuit Stadium, this commercially zoned property is a standout investment opportunity. What sets this property apart is its potential for expansion and transformation. It comes with approved plans and RTI (Ready-To-Issue) permits, saving valuable time and expense, for a modern, three-story apartment building that can accommodate either three or four units. Contact Ben for full plans (too big to attach) To maximize the rental income opportunity the design is of 5,500 square feet of living space, across up to 4 units and up to 13 bedrooms. This flexibility allows investors and developers to capitalize on its commercial zoning, enhancing its value proposition. Moreover, the location is prime for capitalizing on the dynamic growth of Inglewood. With nearby entertainment venues, shopping options, and easy access to major freeways, residents will enjoy convenience and accessibility. One of the most compelling features of this offering is that it will be delivered vacant at the close of escrow. This means new owners can move swiftly with their development plans without the constraints of existing leases, maximizing their flexibility and timeline. Currently, the Duplex generates substantial monthly rental income of $6,000 from its existing two residential units or 5 bedrooms. This income stream provides immediate cash flow while laying the groundwork for future development. Beyond its financial prospects, the property offers significant room for growth. There's ample space on the lot to add a third unit or an ADU (Accessory Dwelling Unit), offering additional rental income potential. Ample parking enhances the property's practicality and appeal. This property represents a rare blend of current income and expansive future potential. Whether you're looking to invest in income-generating rental units, develop a modern apartment building, or explore the possibilities of commercial zoning, this opportunity should not be missed.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling None

Equipment None

Exterior

Parking Features Driveway

Garage Spaces 10.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Douglas Elliman of California, Inc.

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Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

2422 W Florence Ave Los Angeles, CA 90043

Ever Banuelos

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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