$1,300,000
For Sale

848 W Beach Avenue

Inglewood, CA 90302
0.29 acres | #SR24210914
Listing OfficeRE/MAX One
Type:Purchase
Structure:Land
Zone:Residential

Description

Huge price improvement The property at 848 W Beach Ave in Inglewood, California, offers a promising investment opportunity, especially with its potential to support up to 14 residential units. It’s situated in a thriving neighborhood close to the SoFi Stadium and Hollywood Park, which increases its appeal for residential development, especially with ongoing revitalization in Inglewood.
Key points about the lot:
Zoning: Zoned for multi-family residential development. The property is large enough to build up to 14 units, but it's essential to check local regulations, such as height restrictions, setbacks, and other zoning regulations?
Neighborhood: The area has seen rising real estate values due to proximity to sports venues and entertainment centers. Inglewood’s ongoing development is likely to increase demand for housing in the area.
Transportation: The location has a Transit Score of 47 and a Bike Score of 50, making it accessible by public transport and bike-friendly?
Schools: Nearby schools include Highland Elementary and Inglewood High, making it a family-friendly area for potential renters or buyers?

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • ViewCityLights
      • Original List Price$1,350,000
      • MLS #SR24210914
      • MLS #SR24210914
      • Property TypePurchase
      • Cost1300000
      • Acres0.2866
      • Utility SourcePublic
      • Property SubtypeLand

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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