Situated in one of LA's most vibrant and rapidly transforming neighborhoods, 811 E Nutwood presents an exceptional investment opportunity. Just steps away from SoFi Stadium, The Forum, Intuit Dome, and the evolving Downtown Inglewood, this property is perfectly positioned to take advantage of the region's explosive growth. With strong rental… Read More demand and long-term appreciation potential, this property is an ideal choice for investment. The property features three units in total: (2) one-bedroom units located at the rear of the lot above the garages, (combined approx. 1,176 sq. ft.), and a larger 2 bed, 1.5 bath single-family home at the front of the property (approx. 1,278 sq. ft.). The two 1-bed units are currently vacant, providing a fantastic opportunity for new owners to set market rents immediately and maximize income potential. Through CA SB-9, the garages below the units present an opportunity to create an extra 4th unit. Beyond its income potential, the location is ideal for residents and renters alike. From entertainment and sports venues to shopping, dining, and easy access to major transportation hubs, Inglewood is leading Los Angeles' growth story. Read Less
Property listed by Compass, Jordan Bridges 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
4
Square Ft.
2,454
Lot Size
0.18 Acres
Year Built
1948
MLS Number
26844671
Additional Details
Building
Built in 1948, Living area: 2454.0, 2 buildings, Levels: MultiSplit
Garage
4 spaces
Heating
Central
Income
Gross Income: $62,675, Net Operating Income: $62,675
Lot
0.184 acres
Parking
8 total parking spaces, DoorSingle, Driveway, Garage
Taxes
Parcel Number: 4021036034, Zoning: INP1YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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