$1,400,000
Situated in one of LA's most vibrant and rapidly transforming neighborhoods, 811 E Nutwood presents an exceptional investment opportunity. Just steps away from SoFi Stadium, The Forum, Intuit Dome, and the evolving Downtown Inglewood, this property is perfectly positioned to take advantage of the region's explosive growth. With strong rental demand and long-term appreciation potential, this property is an ideal choice for investment. The property features three units in total: (2) one-bedroom units located at the rear of the lot above the garages, (combined approx. 1,176 sq. ft.), and a larger 2 bed, 1.5 bath single-family home at the front of the property (approx. 1,278 sq. ft.). The two 1-bed units are currently vacant, providing a fantastic opportunity for new owners to set market rents immediately and maximize income potential. Through CA SB-9, the garages below the units present an opportunity to create an extra 4th unit. Beyond its income potential, the location is ideal for residents and renters alike. From entertainment and sports venues to shopping, dining, and easy access to major transportation hubs, Inglewood is leading Los Angeles' growth story.
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Listed by Jordan Bridges with Compass (818) 783-7721
Property Type
Residential Income
Status
Active
MLS Number
25628685
Year Built
1948
Lot Size
8,015 sq ft