116 S Fir Avenue Inglewood, CA 90301

Multi-Family (2-4 Units) MLS #: CV24161630 Courtesy Of Real Brokerage Technologies, Inc.

$1,595,000

12 beds | 7 baths | 4,688 sq ft
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Estimated monthly payments: $6,972/mo.* (recalculate)

Property InformationDescription

Located in the heart of Inglewood, this highly desirable property with a great unit mix of 6 generously proportioned apartments includes one (1) one-bedroom /one-bath unit, four (4) two-bedrooms/one bath units and one (1) three-bedrooms/2 baths unit. Held and meticulously maintained by the same family since 1977, this attractive building with a strong rental history and large upside potential features ample tuck-under and carport parking perfect for converting into multiple ADUs. Drought tolerant landscaping, separate laundry facility, and one completely renovated 2 bedroom unit (delivered vacant) with new appliances, countertops, fixtures and engineered wood flooring are also present in this complex. An added bonus is SB 721 balcony retrofit has already been completed! This property s strategic location in the City of Champions offers quick and easy access to shopping, dining, and the nearby iconic sports and entertainment venues: Kia Forum, SoFi Stadium, YouTube Theatre, and the Beckman YOLA Center. Transportation is a breeze with hubs like LAX and the Florence/La Brea Metro Station only a few short miles away. Significant to know, the building is not in the LAX flight path. Additionally, Cozier Middle School, City Honors International Preparatory School, and Inglewood High School are all within blocks of this property. With a high demand for housing in the area, this property affords an excellent income-generating opportunity and is a wise investment for both the experienced investor looking to expand their portfolio and the first-time buyer interested in generating passive income.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

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116 S Fir Avenue, Inglewood, CA 90301
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School Information

116 S Fir Avenue, Inglewood, CA 90301

Elementary School
Grades KG-6 | Public School
W. CLAUDE HUNDALL ELEMENTARY SCHOOL
Inglewood, CA 90301
331 W Olive St
310.­680.5420
Distance: 0.2 mi
School Rating
C-
Student:Teacher Ratio
24:1
Total Students
387
Middle School
Grades 7-8 | Public School
CROZIER ELEMENTARY SCHOOL
Inglewood, CA 90301
1210 W Regent St
310.­680.5280
Distance: 0.1 mi
School Rating
C-
Student:Teacher Ratio
29:1
Total Students
346
High School
Grades 9-12 | Public School
INGLEWOOD HIGH SCHOOL
Inglewood, CA 90301
231 S Grevillea Ave
310.­680.5200
Distance: 0.1 mi
School Rating
D-
Student:Teacher Ratio
24:1
Total Students
809
Other Nearby Schools Distance Type Grades School Rating
City Honors International Preparatory High School 0.1 mi Public 9-12 B
New Opportunities Charter 0.2 mi Public 9-12
Inglewood Avenue Preschool Academy 0.3 mi Private KG
Icef Inglewood Elementary Charter Academy 0.3 mi Public KG-5 B
Relentless Or Nothing Institute 0.4 mi Private 7-12
Slauson Learning Center 0.5 mi Private 3-12
Inglewood Continuation High School 0.5 mi Public 9-12 D-
Century Community Charter 0.7 mi Public 6-8 B
St John Chrysostom School 0.7 mi Private PK-8
Oak Street Elementary School 0.7 mi Public KG-6 C-
Kids Castle Child Care Center 0.8 mi Private PK-KG
Beulah Payne Elementary School 0.8 mi Public KG-6 D+
Kelso Elementary School 0.8 mi Public KG-6 D+
Highland Elementary School 0.8 mi Public KG-6 C-
Grace Hopper Stem Academy 0.8 mi Public 6-8 C-
St Mary's Academy 0.8 mi Private 9-12
Wilder's Preparatory Academy Charter Middle School 0.8 mi Public 6-8 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Inglewood, CA 90301

Median Age: 38.3
Married: 34%
Number of Households: 12,439
Households with Children: 33.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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