Property Detail

Description

**VALUE-ADD INGLEWOOD TRIPLEX OPPORTUNITY DELIVERED VACANT **!!! Excellent opportunity for an investor, owner-user or value-add buyer. Set in the vibrant and rapidly transforming city of Inglewood, this property sits at the center of massive development and ongoing gentrification. Just minutes from Sofi Stadium, Intuit Dome & the historic Forum. Inglewood is experiencing a renaissance, with new entertainment venues, shopping, and dining options sprouting up, making it a prime area for growth. Whether you're a savvy investor looking to flip for a quick profit, a buy-and-hold investor aiming to maximize rental income, or an owner-occupant seeking to live in one unit while renting the others out & offsetting your mortgage, this triplex is brimming with potential. ARV is around $1.2-$1.3 million, with a potential spread of $400,000-$500,000. Public/title records reflect a **three-unit property**, while the property is presently configured differently from its historical three-unit layout. The front residence is currently configured as a **2-bedroom/2-bath unit** and was reportedly previously configured as **two separate 1-bedroom/1-bath units**. The rear unit is a 1BD./1BTH. residence that has some code violations(available upon request). Seller is prepared to address the existing City of Inglewood code-enforcement items during escrow. This creates an attractive opportunity to acquire a vacant multifamily asset, complete the necessary improvements and investigate restoration of the property's prior three-unit configuration. Buyer to independently investigate and verify the property's historical and current unit configuration, permitted use, square footage, and requirements for any reconfiguration with the City of Inglewood. SELLER IS MOTIVATED!!