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ResidentialIncome — 323 Elm, Inglewood, CA

$749,999

323 Elm, Inglewood, CA

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About this property

Properties like this rarely come up for sale. This is a rare opportunity to pick up a multi-unit property in one of the city's highest-growth corridors for under a million dollars. Tucked at the end of a quiet cul-de-sac just minutes from SoFi Stadium and the Hollywood Park development, this duplex is perfectly positioned to benefit from the area's massive revitalization. The property is bright and airy, with double-paned windows and air conditioning already installed in both units—major infrastructure costs that have already been handled. Unit #2 was recently improved and features a private, fenced backyard with mature produce trees. Both units offer washer/dryer hookups and ample storage, essential for high-quality rental demand. A long driveway provides plenty of off-street parking and leads to a detached garage, which offers a straightforward path for an ADU conversion to add a third income stream. This is a strategic "buy and hold" investment in a high-demand neighborhood. Selling AS-IS.

Property details

Year built
1950
Property type
ResidentialIncome

Location

323 Elm • Inglewood, CA 90301

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Listed by

Laura Costelloe · The L3