Bought with DIANE DIVINITY
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517 E 97th ST Inglewood, CA 90301
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Key Details
Sold Price $1,625,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRIV25193737
Year Built 1962
Lot Size 8,980 Sqft
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
Interior
Cooling Central Forced Air - Electric
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Garage
Garage Spaces 9.0
Pool 31, None
View None
Building
Story Split Level
Water District - Public
Others
Special Listing Condition Notice of Default
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