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    815 N Acacia St

    Inglewood, CA 90302
    • $2,599,000
    • STATUS: Active Under Contract
    • ON SITE: 11 days
    • MLS #: 21-738996
    Under Contract
    $2,599,000
    • 16
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,271
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    815 N Acacia Street is a developer's dream! This 7 unit property sits on an oversized R3 zoned lot, measuring 23,605 square feet. At just $99/lot square foot, this is one of the cheapest usable lots in Los Angeles. The existing remodeled structures consist of six 2 bedroom/1 bathroom units and a 4 bedroom/3 bathroom front house. The property also features plenty of parking and 6 private garages. The property is extremely well located, central to major employment, transportation, and points of interest alike. Situated in one of LAs most burgeoning neighborhoods, 815 N Acacia Street is well-positioned to benefit from current and upcoming area development including the new SoFi Stadium (2.2 miles away) and the upcoming Florence/La Brea Light Rail Station (0.9 miles away). This Station will connect passengers to LAX and the rest of Los Angeles. Residents will also enjoy a 2 minute walk to Highland Elementary School, a 6 minute walk to local restaurant favorite The Serving Spoon, and a 5 minute drive to the nearest I-405 freeway on-ramps. Additionally, the property sits just 7.2 miles from popular Dockweiler Beach. This is an excellent opportunity to acquire reliable cash flow with future versatility.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T23:42:46.717. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/117986326
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    815 N Acacia St Inglewood, CA 90302

    • Price: $2,599,000
    • Status: Active Under Contract
    • MLS #: 21-738996
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    7,271
    SQFT
    $357
    $/SQFT
    1958
    Built
    Neighborhood:
    North Inglewood
    County:
    Los Angeles
    Area:
    North Inglewood
    Property Description
    815 N Acacia Street is a developer's dream! This 7 unit property sits on an oversized R3 zoned lot, measuring 23,605 square feet. At just $99/lot square foot, this is one of the cheapest usable lots in Los Angeles. The existing remodeled structures consist of six 2 bedroom/1 bathroom units and a 4 bedroom/3 bathroom front house. The property also features plenty of parking and 6 private garages. The property is extremely well located, central to major employment, transportation, and points of interest alike. Situated in one of LAs most burgeoning neighborhoods, 815 N Acacia Street is well-positioned to benefit from current and upcoming area development including the new SoFi Stadium (2.2 miles away) and the upcoming Florence/La Brea Light Rail Station (0.9 miles away). This Station will connect passengers to LAX and the rest of Los Angeles. Residents will also enjoy a 2 minute walk to Highland Elementary School, a 6 minute walk to local restaurant favorite The Serving Spoon, and a 5 minute drive to the nearest I-405 freeway on-ramps. Additionally, the property sits just 7.2 miles from popular Dockweiler Beach. This is an excellent opportunity to acquire reliable cash flow with future versatility.
    Exterior Features

    Lot Size Area 26305 Other Structures None Parking Garage DrivewayGarageAssignedAttached Total Parking 19

    Interior Features

    Baths Total 9.00 Cooling Central Equipment Ceiling FanDishwasherGarbage DisposalMicrowaveRange/OvenRefrigeratorDryerGas Dryer HookupWasher Heating Wall Laundry In UnitInsideRoom

    Property Features

    Assessed Total Value 1542463 Gross Income 179820 Gross Operating Income 174425 Like Units1 6 Like Units2 1 Net Operating Income 120575.00 Number Of Buildings 2 Number Of Units 7 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 53850 Type Of Units Apartments Year Built Source Assessor Zoning Inr3yy

    Listing provided courtesy of Jordan Peikin DRE#02015987 of Clement Partners Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-18T23:42:46.717. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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