15216 Inglewood Avenue, Lawndale, CA 90260

$820,000
List Price
$820,000
Status
PENDING
MLS#
OC24062372
Year Built
1949
Lot Size
9,255
Acres
0.21
Lot Location
0-1 Unit/Acre
Days on Market
10
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

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.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
None
Water
None
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$42,600
Operating Expense
19752

Listing courtesy of Listing Agent: Parker Boehle (pboehle@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc.

Mortgage Calculator

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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.