Properties

Inglewood, CA 90305 2703 W 79th Street

2703 W 79th Street Inglewood, CA - Image 12703 W 79th Street Inglewood, CA - Image 22703 W 79th Street Inglewood, CA - Image 3
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2703 W 79th Street Inglewood, CA - Image 42703 W 79th Street Inglewood, CA - Image 52703 W 79th Street Inglewood, CA - Image 62703 W 79th Street Inglewood, CA - Image 72703 W 79th Street Inglewood, CA - Image 82703 W 79th Street Inglewood, CA - Image 92703 W 79th Street Inglewood, CA - Image 10
Presented By: Michael Maloney with Keller Williams Realty Los Feliz;
  • MLS# 24462775
  • 11/12/2024
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  • Beds • 2
  • Baths • 1
  • SQFT • 1,600

Home Details

Unique opportunity to build 1-2 units (by-right - fully entitled) in hot Morningside area of Inglewood. Invest in this booming area alongside billions of dollars of new development activity - SOFI Stadium, Intuit Dome, and the Kia Forum. Vacant lot entitled for either a single-family home (SFR) + and ADU or two-unit duplex (allows 2x800sqft units) 800 sq. ft projected to rent for up to $3,500, implying duplex rents of up to $7,000 per month. No off-street parking required, and no CEQA EIA or hearings required (ministerial approvals) Lots of upside potential, and a great opportunity to earn an outsized return. Build 2 x 800 sq ft duplex (1,600 sq. ft total) for ~$450k all-in, bringing total build (hard costs and soft costs) + land to $800,000 (we can refer you to a prefab builder ready to go at these prices). Imagine - a brand new construction duplex getting $6,000/month in rent for just $800,000 (that's about a 6.75% CAP rate!) - or flip it post-construction for $1.1mm+ Ask us how! Buyer to verify all claims regarding development ability, future values, and income potential.
Presented By: Michael Maloney with Keller Williams Realty Los Feliz;

Interior Features for 2703 W 79th Street

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories1

General for 2703 W 79th Street

Architectural StyleContemporary
CityInglewood
CoolingCentralAir
CountyLos Angeles
Directions110 to Manchester, to Van Nuys to 79th
Full Baths
Gross Income72000
HOANo
HeatingCentral
Land Lease Y/NNo
LevelsTwo
Living Area1600
Lot Size Square Feet6703
Lot Size UnitsSquareFeet
MLS Area101 - North Inglewood
Net Operating Income0
New ConstructionYes
Number Of Units Total2
PostalCityINGLEWOOD
Property TypeResidentialIncome
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built2025
Year Built SourceEstimated
ZoningINR1YY

Exterior for 2703 W 79th Street

Building Area Total1600
Lot Dimensions50x134
Lot FeaturesBackYard
Lot Size Acres0.1539
Lot Size Area6703
Number of Buildings1
Parking FeaturesNone
Total Parking2

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $799,000
MLS#24462775
List Date 11/12/2024
Property Type Single Family
Phone 888.795.6274
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Contact Us

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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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