116 S Fir Avenue

Inglewood , CA 90301

MLS#: CV25061631

$1,498,000

Status: Active
Listing number: CV25061631
Listing provided by: Cal American Homes
Listing agent phone: None
Last update: a month ago
On site: 3 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1963

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Fireplace YN

    NO

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1837

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,498,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Los Angeles

Elementary School

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High School

Listing Courtesy of Jessie Rodriguez , Cal American Homes

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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.

116 S Fir Avenue

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