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In-PersonVirtual Tour
$ 199,000
Est. payment | /mo
2,683 Sqft Lot
$ 199,000
Est. payment | /mo
2,683 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26030451
HOA Y/N No
Lot Size 2,683 Sqft
Property Description
Build a new home. Flat, vacant, and ready to build up to 1,600 square feet (either a house or a duplex). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOME act, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless. For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3,000/month ($6,000/month gross). Walkable to 55-acre EdwardVincent Jr. Park, and under 2mi from SoFi Stadium. Inglewood's booming with billions invested - now's your chance to invest in this hot area.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning RES
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4009030026
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry
Special Listing Condition Standard
Listed by Sebastian Stofenmacher Edgestone Real Estate, Inc. 818-464-5113, DRE #01328684
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