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Legacy Real Estate Inc
10901 S Freeman, Inglewood, CA 90304
- $2,000,000
Listed by Kristen Mussenden, 407-341-3254 from Buckingham Investments, Inc
(If provided) CoList: Matthew Mahowald from Buckingham Investments, Inc
- List Price
- $2,000,000
- MLS#
- CRSB26186531
- Status
- ACTIVE
- Lot Size
- 19,653
- Listing Area
- 105 - Lennox
- Year Built
- 1924
Property Description
Prime value-add investment opportunity just 1.5 miles from SoFi Stadium: 9 total units (4 duplexes plus a separate house) on a large 19,653 sqft lot, priced at a 14.68 GRM with an estimated 45% upside in rental income. The back house was built in 1924 and the 4 duplexes were built between 1955 and 1960. 2 of 9 units are already remodeled with some remaining units featuring upgraded flooring and/or kitchen cabinets. Full electrical system replacement completed in 2024. The lot offers 8 enclosed carport spaces plus a separate oversized garage, ideal for ample parking or a potential ADU opportunity (buyer to verify with city). All units include in-unit washer/dryer hookups. A strong candidate for value-add investors or 1031 exchange buyers near one of LA's fastest-growing entertainment corridors.
Additional Information
- Laundry Facilities
- Gas Hookup, 30
- Lot Size
- 19,653
- Neighborhood
- 105 - Lennox
- Pool Description
- None
- Unincorporated Yn
- Yes
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