811 E Nutwood St - Apartments FOR SALE


Inglewood, CA 90301
$1,499,999 USD
310-493-5743
811 E Nutwood St, Inglewood, CA for Sale
$1,499,999 USD
Apartments - FOR SALE
1/23
null | 4.17% Cap Rate

811 E Nutwood St
Inglewood, CA 90301


OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$611 USD /SF

# OF UNITS

3

PRICE/UNIT

$500,000

CAP RATE

4.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4021-036-034

ASK ABOUT THIS PROPERTY

Jordan BridgesCompass CommercialMore Info
310-493-5743

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Jordan BridgesCompass CommercialMore Info
310-493-5743

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.