2705 W 79th Street, Inglewood, CA 90305

$199,000

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List Price
$199,000
Status
ACTIVE
MLS#
PW26030451
Lot Size
2,685
Acres
0.06
Lot Location
0-1 Unit/Acre
Days on Market
167
Property Type
Land

Property Description

Build a new home. Flat, vacant, and ready to build up to 1,600 square feet (either a house or a duplex). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOME act, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless. For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3,000/month ($6,000/month gross). Walkable to 55-acre EdwardVincent Jr. Park, and under 2mi from SoFi Stadium. Inglewood’s booming with billions invested - now’s your chance to invest in this hot area.

Additional Information

View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Sebastian Stofenmacher (ss@edgestonere.com) from Listing Office: Edgestone Real Estate, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.