Inglewood, CA 90302,848 W Beach AVE
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$ 1,250,000
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Price Dropped by $100K

848 W Beach AVE Inglewood, CA 90302

0.29 Acres Lot


UPDATED:

11/20/2024 11:19 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24210914

HOA Y/N No

Lot Size 0.287 Acres

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?

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Fireplace No

Exterior

Community Features Curbs, Urban

View Y/N Yes

View City Lights

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 4017017002

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, Submit

Listing Terms Cash to New Loan, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Ramon Rascon • RE/MAX One • 562-449-7228

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848 W Beach AVE