116 S Fir Avenue, Inglewood, CA 90301

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Property Description

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 multiple ADUs. Drought tolerant landscaping, separate laundry facility, and one completely renovated 2 bedroom unit (delivered vacant) 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 and the first-time buyer interested in generating passive income.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 116 S Fir Avenue
City Inglewood
State CA
Zip 90301
County Los Angeles
Listing Agent Jessie Rodriguez DRE #01418054
Courtesy Of REAL BROKERAGE TECHNOLOGIES
List Price $1,595,000
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 8,000
Year Built 1963

Listing information courtesy of: Jessie Rodriguez, REAL BROKERAGE TECHNOLOGIES. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.