|
$120,000 Price Reduction! Motivated Seller – Act Fast!Attention savvy investors and business visionaries: this mixed-use property in the heart of Inglewood just became an even more attractive opportunity! With a dramatic price adjustment from $970,000 to $850,000, the seller is motivated to close quickly, making this the perfect time to act. The new price reflects both the property’s need for updates and current market realities, including rising borrowing costs and landlord expenses. Don’t miss your chance to acquire this unique gem at an unbeatable value!Back on the market and brimming with potential, this property combines a spacious commercial storefront and two fully furnished residential units in a vibrant and sought-after neighborhood. The front commercial space offers 1,060 square feet of opportunity, complete with storage and three bathrooms. Located on bustling Manchester Boulevard, it enjoys high visibility amidst popular businesses like Auto Zone, Winchell’s Donuts, and Dollar Tree. Ideal for retail shops, tattoo parlors, cafes, or showrooms, the space features new vinyl flooring and a lockable partition but requires further updates to maximize its full potential as a thriving business hub.At the rear of the property, a renovated 252-square-foot studio includes a kitchenette, a meeting or workroom, a closet, and a full bath, though residential use is not permitted. A fully furnished duplex, leased at full market rent, offers cozy interiors and private backyards, adding to the property’s income potential. With some attention to the building’s condition, including transforming the outdoor patio into a functional and inviting space, this property offers endless opportunities for creativity and profit.Positioned in the heart of Inglewood’s explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The area’s dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the property’s possibilities.This is a rare chance to own a mixed-use property in one of Los Angeles’s most exciting neighborhoods at an unbeatable price. Take advantage of the recent price reduction and schedule a private tour today. With the seller motivated and the market responding, this property won’t last long! Some images have been virtually staged for illustrative purposes.
Last Updated | 12/3/2024 | Year Built | 1938 |
---|---|---|---|
Community | South Inglewood | Garage Spaces | 1.0 |
County | Los Angeles |
Price History
Prior to Dec 3, '24 | $970,000 |
---|---|
Dec 3, '24 - Today | $850,000 |
Additional Details
AIR | Wall/Window Unit(s) |
---|---|
AIR CONDITIONING | Yes |
APPLIANCES | Electric Cooktop, Freezer, Microwave, Refrigerator, Water Heater |
AREA | South Inglewood |
GARAGE | Assigned, Door-Single, Garage, Garage Faces Rear, On Street, Yes |
HOA DUES | 0 |
INTERIOR | Balcony, Bedroom on Main Level, Furnished, Galley Kitchen |
LOT | 4200 sq ft |
LOT DESCRIPTION | Back Yard, Near Public Transit |
LOT DIMENSIONS | 4200 |
PARKING | Assigned,Door-Single,Garage,Garage Faces Rear,On Street |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Cable Available,Electricity Connected,Sewer Connected,Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood |
WATER | Public |
ZONING | INC2YY |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.