2 Houses for SALE - Exceptional Value Add Opportunity (Inglewood)

About This House

An exceptional real estate investment opportunity is now available. This exclusive off-market listing features two residential structures situated on an expansive 9,455 square foot parcel of land.

This represents a prime investment prospect due to its excellent location near parks, recreational facilities, and its convenient access to both Inglewood and Downtown Los Angeles. It is a remarkable chance for developers and investors alike.

The property, zoned LR3, offers significant development potential. Both homes are currently in habitable condition and meet all municipal codes. The first residence contains two bedrooms and one bathroom, while the second offers one bedroom and one bathroom.

Options include renovating the existing structures or pursuing a complete redevelopment. Plans have been proposed to construct an apartment building with up to seven units, a use permitted under the R3 zoning designation.

A notably spacious basement in the primary home has served the present owner effectively as a workshop for a considerable period.

The property is located at West 81st Street in Los Angeles, California, with the zip code 90044.

It is listed at an attractive price of $855,000 to facilitate a prompt sale.

Interested parties are strongly advised to act on this prospect. Viewings of the property are strictly by appointment only.

This offering is for principal buyers only; real estate agents are not invited to participate.