CA > Inglewood
Inglewood, CA 90301,116 S Fir AVE
Inglewood, CA 90301,116 S Fir AVE
Inglewood, CA 90301,116 S Fir AVE
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$1,498,000
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8,001 Sqft Lot
Price Dropped by $52K

116 S Fir AVE Inglewood, CA 90301

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25061631

HOA Y/N No

Year Built 1963

Lot Size 8,001 Sqft

Property Sub-Type Apartment

Property Description

Located in the heart of Inglewood, this highly desirable property with a great unit mix of 6 generously proportioned apartments includes one (1) one-bedroom /one-bath unit, four (4) two-bedrooms/one bath units and one (1) three-bedrooms/2 baths unit. Held and meticulously maintained by the same family since 1977, this attractive building with a strong rental history and large upside potential features ample tuck-under and carport parking perfect for converting into additional ADUs. Drought tolerant landscaping, separate laundry facility, and one completely renovated 2 bedroom unit with new appliances, countertops, fixtures and engineered wood flooring are also present in this complex. An added bonus is SB 721 balcony retrofit has already been completed! This property's strategic location in the “City of Champions” offers quick and easy access to shopping, dining, and the nearby iconic sports and entertainment venues: Kia Forum, SoFi Stadium, YouTube Theatre, and the Beckman YOLA Center. Transportation is a breeze with hubs like LAX and the Florence/La Brea Metro Station only a few short miles away. Significant to know, the building is not in the LAX flight path. Additionally, Cozier Middle School, City Honors International Preparatory School, and Inglewood High School are all within blocks of this property. With a high demand for housing in the area, this property affords an excellent income-generating opportunity and is a wise investment for both the experienced investor looking to expand their portfolio or add additional units, and the first-time investor interested in generating passive income.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INCC*

Interior

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Carport Spaces 9

Pool None

Community Features Suburban

View Y/N No

View None

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4020024015

Energy Description 1860.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Jessie Rodriguez Cal American Homes 9092060021

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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116 S Fir AVE

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