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Key Details
Sold Price $1,200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25000425
Sold Date 05/30/25
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
Financing Cash
Special Listing Condition Standard
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Bought with Ramon Rascon • RE/MAX One
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130