116 S Fir Ave

Inglewood, CA 90301
  • $1,498,000

    Price
  • 12

    Bed
  • 7

    Bath
  • 4,688

    SqFt

About the Listing 53074 - C22398

Located in the heart of Inglewood, this highly desirable property with a great unit mix of 6 generously proportioned apartments includes one (1) one-bedroom /one-bath unit, four (4) two-bedrooms/one bath units and one (1) three-bedrooms/2 baths unit. Held and meticulously maintained by the same family since 1977, this attractive building with a strong rental history and large upside potential features ample tuck-under and carport parking perfect for converting into additional ADUs. Drought tolerant landscaping, separate laundry facility, and one completely renovated 2 bedroom unit with new appliances, countertops, fixtures and engineered wood flooring are also present in this complex. An added bonus is SB 721 balcony retrofit has already been completed! This property’s strategic location in the “City of Champions” offers quick and easy access to shopping, dining, and the nearby iconic sports and entertainment venues: Kia Forum, SoFi Stadium, YouTube Theatre, and the Beckman YOLA Center. Transportation is a breeze with hubs like LAX and the Florence/La Brea Metro Station only a few short miles away. Significant to know, the building is not in the LAX flight path. Additionally, Cozier Middle School, City Honors International Preparatory School, and Inglewood High School are all within blocks of this property. With a high demand for housing in the area, this property affords an excellent income-generating opportunity and is a wise investment for both the experienced investor looking to expand their portfolio or add additional units, and the first-time investor interested in generating passive income.

Listing Highlights for 116 S Fir Ave

Status Active
Days on Site 152
Property Type Multi-Family
MLS ® CV25061631
Year Built 1963
Total Square Footage 4,688
Lot/Acreage 0.18

Interior Details

  • Bedrooms: 12
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 6-10 Units/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 9
  • Zoning: INCC*
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4020024015
  • Tax Year: N/A

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116 S Fir Ave Inglewood, CA 90301

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Originating MLS: CA_CRISNET

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