811 E Nutwood Street, Inglewood, CA 90301

$1,275,000
4
BD
3
BA
2,454
SqFt

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List Price
$1,275,000
Price Change
▼ $24,500 1783472905
Status
ACTIVE
MLS#
26844671
Year Built
1948
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,454
Lot Size
8,015
Acres
0.18
Days on Market
47
Property Type
Multifamily
Stories
Multi Level

Property Description

Situated in one of LA's most vibrant and rapidly transforming neighborhoods, 811 E Nutwood presents an exceptional investment opportunity. Just steps away from SoFi Stadium, The Forum, Intuit Dome, and the evolving Downtown Inglewood, this property is perfectly positioned to take advantage of the region's explosive growth. With strong rental demand and long-term appreciation potential, this property is an ideal choice for investment. The property features three units in total: (2) one-bedroom units located at the rear of the lot above the garages, (combined approx. 1,176 sq. ft.), and a larger 2 bed, 1.5 bath single-family home at the front of the property (approx. 1,278 sq. ft.). The two 1-bed units are currently vacant, providing a fantastic opportunity for new owners to set market rents immediately and maximize income potential. Through CA SB-9, the garages below the units present an opportunity to create an extra 4th unit. Beyond its income potential, the location is ideal for residents and renters alike. From entertainment and sports venues to shopping, dining, and easy access to major transportation hubs, Inglewood is leading Los Angeles' growth story.

Additional Information

Heat
Central
Garage Spaces Total
4
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Jordan Bridges (jordan.bridges@compass.com) from Listing Office: Compass.

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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.