INGLEWOOD – This corner duplex has loads of potential for either an investor or owner-occupied opportunity. This duplex is in walking distance of the 105 freeway and Metro Green Line.
As Inglewood continues to evolve into a “destination” city, residents continue to “cash out” by selling real estate holdings in close proximity to newly approved city projects.
Transit Oriented Development zones were recently approved by the city council which will re-birth the Crenshaw Blvd. corridor from Century to the 105 freeway.
This property is located at the corner of 116th and Crenshaw across from a bank and several newly installed EV charging stations.
The city has also adopted new zoning regulations allowing for maximum ROI on single family homes.
The beauty of these units are they all come with washer dryer hookups and shared two-car garages.
- Address: 11601 Crenshaw Blvd, Inglewood, 90303
- Price: $1,090,000
- Bedrooms: 4
- Bathrooms: 3
Listing shows a 20% down payment of approx. $200,000 with a monthly note of approx. $5,000. Even if you rent each unit at $2500 each, you might just break even.
Would a tenant be willing to pay in excess of $2500 per month to live on the corner of Crenshaw and 116th and assigned to a failing school district?
This listing first appeared on redfin.com. For more details click here.