fbpx

$799,000
2 bed
1,600 Sqft
6,703 Sqft lot

2703 W 79th Street, Inglewood, California 90305

  • Residential Income Property Type
  • 10 Days Time on market
  • $499 Price per sqft
  • 2025 Year Built
Property Description

Unique opportunity to build 1-2 units (by-right — fully entitled) in hot Morningside area of Inglewood. Invest in this booming area alongside billions of dollars of new development activity — SOFI Stadium, Intuit Dome, and the Kia Forum. Vacant lot entitled for either a single-family home (SFR) + and ADU or two-unit duplex (allows 2x800sqft units) 800 sq. ft projected to rent for up to $3,500, implying duplex rents of up to $7,000 per month. No off-street parking required, and no CEQA EIA or hearings required (ministerial approvals) Lots of upside potential, and a great opportunity to earn an outsized return. Build 2 x 800 sq ft duplex (1,600 sq. ft total) for ~$450k all-in, bringing total build (hard costs and soft costs) + land to $800,000 (we can refer you to a prefab builder ready to go at these prices). Imagine — a brand new construction duplex getting $6,000/month in rent for just $800,000 (that’s about a 6.75% CAP rate!) — or flip it post-construction for $1.1mm+ Ask us how! Buyer to verify all claims regarding development ability, future values, and income potential.

Basic Details
Residential Income
Buy
24462775
$799,000
2
1,600 Sqft
2025
6,703 Sqft
Active
Condos/Co-ops
Features
: Central
: Central Air
: Contemporary
2
$0
Address
CA
Los Angeles
Inglewood
90305
2703 W 79th Street
2703
Street
0
W119° 40' 36.1''
N33° 58' 3.1''
W
Additional Information
10
2
1
2
: Two
1
1,600 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,703 Sqft
1
0 Sqft
INR1YY
4009030018
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
14/11/2024 15:21:55
$0
: Standard
110 to Manchester, to Van Nuys to 79th
Keller Williams Realty Los Feliz
Michael Maloney
CLW-X74016
CLW-X69514
$0
1
: Back Yard
50x134
1
0
0
1
1
2
72000
US-06037-N-4009030018-R-N
21/11/2024 21:04:36
79th
101 - North Inglewood
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$