925 N Eucalyptus Avenue, Inglewood, CA 90302

$3,750,000
14
BD
12
BA
8,572
SqFt

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Sold Price
$3,750,000
List Price
$3,925,000
Closing Date
Sep 18, 2023
Status
CLOSED
MLS#
23261581
Year Built
1946
Bedrooms
14
Bathrooms
12
Living Sq. Ft
8,572
Lot Size
32,534
Acres
0.75
Days on Market
122
Property Type
Multifamily
Stories
One Level

Property Description

A VERY large, 3/4 of an acre, flat rectangular, R3 lot in NW Inglewood - the most sought-after submarket in Inglewood - which is one of the most sought-after investment markets in Greater LA. The City of Champions is well thought of, by apartment investors AND developers, due to its pro-growth, pro-gentrification stance and manageable, user-friendly city government. Cash-flow nicely, NOW, from 12 apartment units, while you draft plans and obtain permits for the site's highest and best use - a large apartment or condo development.

Additional Information

Heat
Forced Air
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
12

Listing courtesy of Listing Agent: Brice Head (Brice.Head@cbre.com) from Listing Office: CBRE, Inc..

Listing sold by Brice Head from CBRE, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.