$800,000
$820,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
9,256 Sqft Lot
SOLD DATE : 04/26/2024
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24062372
Sold Date 04/26/24
HOA Y/N No
Year Built 1949
Lot Size 9,256 Sqft
Property Description
15216 Inglewood Ave. is a Mixed Use, Development opportunity located in the city of Lawndale.
Built in 1949, the Inglewood Ave. property is currently being occupied by a duplex, a vacant office space, and a two-car parking garage. The duplex consists of (2) One-Bedroom/One-Bath units, and the office space is approximately 1,152 square feet, most recently used by a Realty company. There are approximately (10) surface level parking spaces available on-site.
There is huge upside to this property through Redeveloping the lot or utilizing ADU’s. The lot size is 9,255 square feet, and is zoned LNC4YY. A corner lot located on Inglewood Ave. and just off the 405 Freeway, this building gets tons of traffic and exposure. This is a fantastic owner/user play as well, by renovating the current office space, and using the duplex inccome to pay off the mortgage. The two car garage could also be converted into an ADU for additional income on the property.
Location
State CA
County Los Angeles
Area 112 - North Lawndale
Zoning LNC4YY
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Sewer Not Available, Water Not Available
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer None
Water None
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4079008013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Parker Boehle • NorthMarq Realty Services, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "