Detailed Introduction Of This Home
Greatly sought after income property in Inglewood SW of the SoFi Stadium; South of Century Blvd near Prairie. The property consists of two buildings. The front unit is a 2 bedroom, 1 bath home with a front gated yard. The front home is in original condition and has a long term tenant. The tenant has been responsible for all utilities (Previous back tenant was his son). The back unit, originally permitted as a "Rumpus Room" is currently undergoing an extensive remodel. This unit consists of 1 bedroom, 1 bath; small kitchen and a living room with a potential to add the attached garage as a bedroom, convert into a small studio or just leave as a single car garage. Currently, it will be left as a 1 car garage. Washer and dryer hookups are located on the exterior side of the unit. (Check with city to obtain permits to turn the garage into an ADU, add to the one bedroom unit and any other permits). The City of Inglewood installed dual pane windows and HVAC system in both units.
The area proposes good rents and is local to all shopping, schools, College and SoFi Stadium, beaches, LAX, DTLA, West LA and much more. The seller will continue to remodel the back unit and will be ready for occupancy without appliances. Both units are on one meter for all utilities. Performa rents for a one bedroom in the area is $1,850 and an ADU/Studio $1,650 and 2 bedroom, $2,800, depending on amenities provided. Do not disturb the tenants.