Bought with Larson Harley β’ Lyon Stahl Investment Real Estate, Inc.
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725 S Osage Avenue Inglewood, CA 90301
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Key Details
Sold Price $1,555,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,379 sqft
Price per Sqft $460
MLS Listing ID CRSB23123976
Sold Date 10/03/23
HOA Y/N No
Year Built 1923
Lot Size 10,588 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are pleased to present 725 S Osage Ave, Inglewood. This property is improved by 5 units all single-story on a large 10,588 SF corner lot. Located one block from the $5.5 Billion SoFi Stadium & Hollywood Park and four blocks to The Forum, this site presents an excellent opportunity to redevelop or build ADU's. Based on the lot size and R3 zoning, a developer could build 7 units by right or 9 units with the allowable 20% density bonus. The property has a desirable layout with a duplex in the front and three detached bungalow style units in the rear, consisting of (2) 2-bed/1-bath and (3) 1-bed/1-bath units. Given the unbeatable Inglewood location, rental upside, and development potential, this is an ideal opportunity for both value-add investors and builders in one of the fastest growing rental submarkets in the country.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry In Kitchen
Building
Lot Description Corner Lot
Water Public
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