11142 S Prairie Avenue

    Inglewood, CA 90303
    • $519,000
    • STATUS: Active
    • ON SITE: 93 days
    • ID#: PV19169859
    UPDATED: 21 min ago
    $519,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,000
      SQFT
    • $519
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Unique Opportunity to own 2 separate detached dwellings on one Commercially Zoned Lot just a few short blocks from the new NFL Stadium. Live in one collect rent from the other, or not,...rent out both, or re-develop a commercial site, demo would be relatively lite, a lot of possibilities.Owner states he has invested approximately 50k in new electrical, roofs, paint and resurfacing the driveway since purchased. Location is great for commuters, or commercial, literally a 10 second jump onto the 105 East or West, straight up Prairie to enjoy all the "New Goings on" soon to be completed around the new Stadium complex. We hear there are plans for a new Hilton Hotel to be built directly across the street, this is a neighborhood in transition. Check it out! Commercial Financing is in place, most likely 30-50% down or all cash, depending on buyers situation.Front house, Front Bedroom currently no closet. Expenses and Proforma are estimates only, buyer to conduct own due diligence. Front house is owner occupied, rear unit has long term elderly tenant living there. Property falls under City of Inglewood Rent Control Ordinance. Google up following link for Rent COntrol Info:https://la.curbed.com/2019/6/12/18661454/inglewood-rent-control-approved

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T20:35:44.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/96989266

    11142 S Prairie Avenue Inglewood, CA 90303

    • Price: $519,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: PV19169859
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,000
    SQFT
    $519
    $/SQFT
    1945
    Built
    Neighborhood:
    102 - South Inglewood
    County:
    Los Angeles
    Area:
    102 - South Inglewood
    Property Description
    Unique Opportunity to own 2 separate detached dwellings on one Commercially Zoned Lot just a few short blocks from the new NFL Stadium. Live in one collect rent from the other, or not,...rent out both, or re-develop a commercial site, demo would be relatively lite, a lot of possibilities.Owner states he has invested approximately 50k in new electrical, roofs, paint and resurfacing the driveway since purchased. Location is great for commuters, or commercial, literally a 10 second jump onto the 105 East or West, straight up Prairie to enjoy all the "New Goings on" soon to be completed around the new Stadium complex. We hear there are plans for a new Hilton Hotel to be built directly across the street, this is a neighborhood in transition. Check it out! Commercial Financing is in place, most likely 30-50% down or all cash, depending on buyers situation.Front house, Front Bedroom currently no closet. Expenses and Proforma are estimates only, buyer to conduct own due diligence. Front house is owner occupied, rear unit has long term elderly tenant living there. Property falls under City of Inglewood Rent Control Ordinance. Google up following link for Rent COntrol Info:https://la.curbed.com/2019/6/12/18661454/inglewood-rent-control-approved
    Exterior Features

    Fence YN Yes Fencing Wood Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLevel Lot Size Source Assessor Lot Size Units Square Feet Other Structures Two On A Lot Parking Features DrivewayAsphaltDriveway LevelGated Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Evaporative Cooling Cooling YN Yes Fireplace Features None Fireplace YN No Interior Features Open Floorplan Laundry Features See Remarks Room Type KitchenLiving RoomMain Floor Bedroom

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet LightsUrban Country Us Electric Standard Elevation Units Feet Gross Income 9600.00 Gross Scheduled Income 30000.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 19633.00 New Construction YN No New Taxes Expense 6737.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 10367.00 Rent Control YN Yes Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Total Expenses 10367.00 Trash Expense 900.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1200.00 Water Source Public Year Built Source Appraiser Zoning Inc2yy

    Listing provided courtesy of George Takis of Vista Sotheby's Int'l Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T20:35:44.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
     
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