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725 S Osage Avenue, Inglewood, CA 90301

Property

725 S Osage Avenue, Inglewood, CA 90301 Sold October 2023 CRMLS
$1,555,000Sold October 2023

Listing Agent: Larson Harley (DRE #02045736) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Larson Harley · Lyon Stahl Investment Real Estate, Inc. · MLS #SB23123976 · Source: CRMLS

10,588 sqft
Lot Size
1923
Year Built
Property
Type
2
Garage

About this property

We are pleased to present 725 S Osage Ave, Inglewood. This property is improved by 5 units all single-story on a large 10,588 SF corner lot. Located one block from the $5.5 Billion SoFi Stadium & Hollywood Park and four blocks to The Forum, this site presents an excellent opportunity to redevelop or build ADU's. Based on the lot size and R3 zoning, a developer could build 7 units by right or 9 units with the allowable 20% density bonus. The property has a desirable layout with a duplex in the front and three detached bungalow style units in the rear, consisting of (2) 2-bed/1-bath and (3) 1-bed/1-bath units. Given the unbeatable Inglewood location, rental upside, and development potential, this is an ideal opportunity for both value-add investors and builders in one of the fastest growing rental submarkets in the country.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,555,000
Sold October 2023 · listed $1,632,000, on market July 2023 · MLS #SB23123976 · Source: CRMLS
Listing Agent: Larson Harley · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Larson Harley · Lyon Stahl Investment Real Estate, Inc.
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