848 W Beach Avenue

Inglewood, CA 90302

PRICE REDUCED

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-$50,000 (-3.70%)

$1,300,000

List Price

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Property 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?

Listing Information

List Price $1,300,000
Status Active
MLS SR24210914
HOA $0
Type Land
Lot Size 12,483
Structure Size N/A
DOM 58
Courtesy Of RE/MAX One
Listing Agent Ramon Rascon DRE#01157350

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Ramon Rascon, RE/MAX One 562-449-7228. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 13th, 2024 at 7:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.