517 E 97th Street, Inglewood, CA 90301
- $1,625,000
- Sold Price
- $1,625,000
- List Price
- $1,299,000
- Closing Date
- Nov 05, 2025
- Status
- CLOSED
- MLS#
- IV25193737
- Year Built
- 1962
- Lot Size
- 8,980
- Acres
- 0.21
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 7
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Multi Level
Property Description
PRICED TO SELL ...INTRODUCING THIS JEWEL TO THE MARKET Investment Opportunity – 9-Unit Building in Inglewood 517 E 97th St presents a rare value-add opportunity in the rapidly growing city of Inglewood. This 9-unit multifamily property currently has 8 vacant units ready for renovation and repositioning, with 1 units occupied, providing immediate rental income. Additional features include 9 garages (5 enclosed and 4 open) and a community laundry room. Gated entrance front and back , The property is ideal for experienced investors or developers seeking a project with significant upside potential. With renovations and leasing, the building offers strong cash flow possibilities in a high-demand rental market. There are no lease agreements * for the 2 occupied units. Conveniently located blocks from ,Intuit Dome Sofi Stadium, Hollywood Park, LAX, and major transportation corridors.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Electric
- View
- None
- Garage Spaces Total
- 9
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $194,400
- Operating Expense
- 9720
Listing courtesy of Listing Agent: DIANE DIVINITY (4divinity@verizon.net) from Listing Office: KELLER WILLIAMS PREMIER PROPERTIES.
Listing sold by DIANE DIVINITY from KELLER WILLIAMS PREMIER PROPERTIES
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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.