2614 W Manchester BLVD Active

Inglewood,CA 90305

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24148750

HOA Y/N No

Year Built 1938

Lot Size 4,199 Sqft

Lot Dimensions Assessor

Property Description

$120,000 Price Reduction! Motivated Seller – Act Fast!
Attention savvy investors and business visionaries: this mixed-use property in the heart of Inglewood just became an even more attractive opportunity! With a dramatic price adjustment from $970,000 to $850,000, the seller is motivated to close quickly, making this the perfect time to act. The new price reflects both the property's need for updates and current market realities, including rising borrowing costs and landlord expenses. Don't miss your chance to acquire this unique gem at an unbeatable value!
Back on the market and brimming with potential, this property combines a spacious commercial storefront and two fully furnished residential units in a vibrant and sought-after neighborhood. The front commercial space offers 1,060 square feet of opportunity, complete with storage and three bathrooms. Located on bustling Manchester Boulevard, it enjoys high visibility amidst popular businesses like Auto Zone, Winchell's Donuts, and Dollar Tree. Ideal for retail shops, tattoo parlors, cafes, or showrooms, the space features new vinyl flooring and a lockable partition but requires further updates to maximize its full potential as a thriving business hub.
At the rear of the property, a renovated 252-square-foot studio includes a kitchenette, a meeting or workroom, a closet, and a full bath, though residential use is not permitted. A fully furnished duplex, leased at full market rent, offers cozy interiors and private backyards, adding to the property's income potential. With some attention to the building's condition, including transforming the outdoor patio into a functional and inviting space, this property offers endless opportunities for creativity and profit.
Positioned in the heart of Inglewood's explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The area's dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the property's possibilities.
This is a rare chance to own a mixed-use property in one of Los Angeles's most exciting neighborhoods at an unbeatable price. Take advantage of the recent price reduction and schedule a private tour today. With the seller motivated and the market responding, this property won't last long! Some images have been virtually staged for illustrative purposes.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INC2YY

Interior

Interior Features Balcony,Furnished,Bedroom on Main Level,Galley Kitchen

Cooling Wall/Window Unit(s)

Flooring Tile,Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Cooktop,Freezer,Microwave,Refrigerator,Water Heater

Laundry None

Exterior

Parking Features Assigned,Door-Single,Garage,Garage Faces Rear,On Street

Garage Spaces 1.0

Garage Description 1.0

Fence Block,Good Condition,Security,Vinyl,Wrought Iron

Pool None

Community Features Sidewalks,Urban,Gated

Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard,Near Public Transit

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4026004003

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Security Lights

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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