323 Elm, Inglewood, CA 90301
- $749,999
- List Price
- $749,999
- Price Change
- ▼ $49,001 1783379856
- Status
- ACTIVE
- MLS#
- OC26090254
- Year Built
- 1950
- Lot Size
- 4,858
- Acres
- 0.11
- Lot Location
- 2-5 Units/Acre, Back Yard, Cul-De-Sac, Front Yard, Lawn, Landscaped, Street Level, Yard
- Days on Market
- 88
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Properties like this rarely come up for sale. This is a rare opportunity to pick up a multi-unit property in one of the city's highest-growth corridors for under a million dollars. Tucked at the end of a quiet cul-de-sac just minutes from SoFi Stadium and the Hollywood Park development, this duplex is perfectly positioned to benefit from the area's massive revitalization. The property is bright and airy, with double-paned windows and air conditioning already installed in both units—major infrastructure costs that have already been handled. Unit #2 was recently improved and features a private, fenced backyard with mature produce trees. Both units offer washer/dryer hookups and ample storage, essential for high-quality rental demand. A long driveway provides plenty of off-street parking and leads to a detached garage, which offers a straightforward path for an ADU conversion to add a third income stream. This is a strategic "buy and hold" investment in a high-demand neighborhood. Selling AS-IS.
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Additional Information
- Appliances
- Disposal, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Drywall, Stucco
- Roof
- Common Roof
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Interior Features
- Built-in Features, Ceiling Fan(s), Laminate Counters, Storage, Jack and Jill Bath
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $25,650
- Operating Expense
- 7417
Listing courtesy of Listing Agent: Laura Costelloe (laura@thel3.com) from Listing Office: The L3.
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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.