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About the Listing CLW-X02104 - CLW-X06070
We are pleased to present this mixed-use property on the market for the first time in over 50 years. It is located in the City of Inglewood just east of Downtown and north of the Sports and Entertainment district. The property consists of 2 buildings on two separate parcels. 2501 is comprised of two commercial spaces on the ground floor consisting of approximately 500sf each. On the second floor is a large, one bedroom apartment containing approximately 855sf. That entire building is leased up but the rents are currently below market. 2505 consists of two commercial spaces. There is a beauty shop on the ground floor with a little over 1,000sf and a larger 1,127sf office above, which is currently unoccupied. The apartment is rented at $1,600 which is about 15% below market rate for the area. The commercial spaces are well below market offering significant upside to an investor. With the liberal rent control policies in Inglewood, a new investor would be able to capture the upside with some capital improvements and an aggressive marketing campaign.
Listing Highlights for 2505 W Manchester Boulevard
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
25584161
Year Built
1940
Total Square Footage
3,999
Lot/Acreage
0.11
County
Los Angeles
Interior Details
- Bedrooms: 1
- Bathrooms: 5 Full
- Appliances: Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: INC2YY
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4010034008
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
2505 W Manchester Boulevard Inglewood, CA 90305
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