Unique opportunity to build 1-2 units (by-right - fully entitled) in hot Morningside area of Inglewood. Invest in this booming area alongside billions of dollars of new development activity - SOFI Stadium, Intuit Dome, and the Kia Forum. Vacant lot entitled for either a single-family home (SFR) + and ADU or two-unit duplex (allows 2x800sqft units) 800 sq. ft projected to rent for up to $3,500, implying duplex rents of up to $7,000 per month. No off-street parking required, and no CEQA EIA or hearings required (ministerial approvals) Lots of upside potential, and a great opportunity to earn an outsized return. Build 2 x 800 sq ft duplex (1,600 sq. ft total) for ~$450k all-in, bringing total build (hard costs and soft costs) + land to $800,000 (we can refer you to a prefab builder ready to go at these prices). Imagine - a brand new construction duplex getting $6,000/month in rent for just $800,000 (that's about a 6.75% CAP rate!) - or flip it post-construction for $1.1mm+ Ask us how! Buyer to verify all claims regarding development ability, future values, and income potential.
Attention Investors! This is your ideal opportunity for a 1031 exchange or to expand your growing portfolio with this beautifully remodeled duplex in the highly sought-after Morningside Park neighborhood. Only a stones throw from the vibrant Inglewood Industry home to Sofi Stadium, Intuit Dome, YouTube Theater, Kia Forum, the new Hollywood Park featuring retail shops, Cinepolis Luxury Cinemas, Casino, Public Parks, and a beautiful lake! Plus, you're only minutes from LAX. With these attractions so close, high tenant demand is guaranteed! But not too worry because this property is already a well oiled machine with both units fully occupied by reliable tenants paying market rents! It's ready to be the easiest addition to your portfolio. Completely restored over the last four years, it features new windows, copper plumbing, updated electrical, new HVAC system, new roof, drainage and new stamped concrete hardscape. Each unit is approximately 1,500SF+ and includes two spacious beds, 1.5 baths, and a flexible 3rd room ideal for an office, den, or gym! The living rooms offer large picture windows overlooking a tree-lined street, a fireplace and new flooring. Both the baths and kitchens boast designer tiles while the light filled kitchens are outfitted with luxury Samsung appliance set including dishwasher, refrigerator and range. Plus, a convenient side-by-side washer/dryer setup off each kitchen. Additionally there is a two year old gazebo and storage shed in the back. Located on a beautiful tree-lined street with majestic Chinese elms just off the coveted Circle Park, where residents enjoy scenic walks and outdoor workouts, this neighborhood and property's charm are hard to beat. The top unit is rented at $3000/month with 3 year term. *no dedicated parking but gas is included.* The downstairs unit has month to month tenanat at $3,500/mo. This unit includes off street driveway parking. *Tenant pays gas and electric.* Combined, the units generate $78,000/year in gross revenue. PLUS THERE IS MORE! A bonus unit in back delivered fully vacant! Stunning 1bed, 1 bath unit with AC. Features include new flooring, new cabinetry, luxury appliances and a small island in the kitchen and a private outdoor patio. It has been rented for the last year at $2,200/month but has the ability to garner even more income, offering even more cash flow potential!
Great investment opportunity!!! We are pleased to present this 2 story mixed use building in Inglewood. The upper unit is a 1 bedroom, 1 bathroom comfortable living space apartment. The unit on the 1st floor is currently used as office space with toilet room in each of the 2 office spaces. Yearning for a makeover, these 2 units provide a canvas for investment and reimagination. Property also includes spacious backyard and garage with laundry hookup. Both units will be delivered vacant. Prime location close to SoFi stadium, Forum, Clippers arena, LAX airport and 405 freeway. Don't miss this excellent opportunity at a great price.
Great investment opportunity!!! We are pleased to present this 2 story mixed use building in Inglewood. The upper unit is a 1 bedroom, 1 bathroom comfortable living space apartment. The unit on the 1st floor is currently used as office space with toilet room in each of the 2 office spaces. Yearning for a makeover, these 2 units provide a canvas for investment and reimagination. Property also includes spacious backyard and garage with laundry hookup. Both units will be delivered vacant. Prime location close to SoFi stadium, Forum, Clippers arena, LAX airport and 405 freeway. Don't miss this excellent opportunity at a great price.
$120,000 Price Reduction! Motivated Seller – Act Fast! Attention savvy investors and business visionaries: this mixed-use property in the heart of Inglewood just became an even more attractive opportunity! With a dramatic price adjustment from $970,000 to $850,000, the seller is motivated to close quickly, making this the perfect time to act. The new price reflects both the property’s need for updates and current market realities, including rising borrowing costs and landlord expenses. Don’t miss your chance to acquire this unique gem at an unbeatable value! Back on the market and brimming with potential, this property combines a spacious commercial storefront and two fully furnished residential units in a vibrant and sought-after neighborhood. The front commercial space offers 1,060 square feet of opportunity, complete with storage and three bathrooms. Located on bustling Manchester Boulevard, it enjoys high visibility amidst popular businesses like Auto Zone, Winchell’s Donuts, and Dollar Tree. Ideal for retail shops, tattoo parlors, cafes, or showrooms, the space features new vinyl flooring and a lockable partition but requires further updates to maximize its full potential as a thriving business hub. At the rear of the property, a renovated 252-square-foot studio includes a kitchenette, a meeting or workroom, a closet, and a full bath, though residential use is not permitted. A fully furnished duplex, leased at full market rent, offers cozy interiors and private backyards, adding to the property’s income potential. With some attention to the building’s condition, including transforming the outdoor patio into a functional and inviting space, this property offers endless opportunities for creativity and profit. Positioned in the heart of Inglewood’s explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The area’s dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the property’s possibilities. This is a rare chance to own a mixed-use property in one of Los Angeles’s most exciting neighborhoods at an unbeatable price. Take advantage of the recent price reduction and schedule a private tour today. With the seller motivated and the market responding, this property won’t last long! Some images have been virtually staged for illustrative purposes.
Amazing chance in the highly sought-after Morningside Park - Inglewood neighborhood! This property features two spacious units, perfectly situated on a wide, peaceful street just a few blocks away from Circle Park. The duplex comprises two 1-bedroom, 1-bathroom units, each with its own laundry room and separate utilities/meters. The backyard is large and there are two 1-car garages located at the rear that would be a great ADU opportunity to generate even more rental income! The location is incredibly convenient, being in close proximity to SoFi Stadium, the Forum, the proposed site for the Clippers Arena, and LAX. Additionally, the area is experiencing rapid development, with a new train/metro line connecting Inglewood to LAX, as well as numerous infrastructure investments in preparation for the 2028 Olympics. Exciting developments such as new shopping plazas, retail outlets, fine dining establishments, and entertainment venues are being established nearby. The units have been meticulously maintained, are move-in ready, and boast desirable features like dual pane windows, updated heating, newer A/C, and the possibility of refinished oak hardwood flooring beneath the carpet. This is an exceptional investment opportunity in an area that is continuously improving, leading to increa
The median home value in Inglewood, CA is $717,100. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Inglewood, CA is $717,100. Approximately 33.62% of Inglewood homes are owned, compared to 59.82% rented, while 6.57% are vacant. Inglewood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Inglewood real estate agent to arrange a tour today!
Inglewood, California 90305 has a population of 108,206. Inglewood 90305 is less family-centric than the surrounding county with 24.55% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Inglewood, California 90305 is $62,845. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Inglewood 90305 is 36.8 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 48.4 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.