517 E 97th ST Pending

Inglewood,CA 90301

$ 1299000

- Bed

- Bath

- SqFt


Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IV25193737

HOA Y/N No

Year Built 1962

Lot Size 8,982 Sqft

Property Sub-Type Apartment

Property Description

PRICED TO SELL ...INTRODUCING THIS JEWEL TO THE MARKET
Investment Opportunity – 9-Unit Building in Inglewood
517 E 97th St presents a rare value-add opportunity in the rapidly growing city of Inglewood. This 9-unit multifamily property currently has 8 vacant units ready for renovation and repositioning, with 1 units occupied, providing immediate rental income. Additional features include 9 garages (5 enclosed and 4 open) and a community laundry room. Gated entrance front and back ,
The property is ideal for experienced investors or developers seeking a project with significant upside potential. With renovations and leasing, the building offers strong cash flow possibilities in a high-demand rental market. There are no lease agreements * for the 2 occupied units.
Conveniently located blocks from ,Intuit Dome Sofi Stadium, Hollywood Park, LAX, and major transportation corridors.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INR3YY

Interior

Cooling Electric

Fireplace No

Laundry Common Area

Exterior

Parking Features Garage

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4024041022

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Notice Of Default

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