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.
| MLS # | 26844671 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 71 |
| Listing Provided By | Compass | Jordan Bridges |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,454 |
| Garage | 4 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | INP1YY |
| Acreage | 0.18 |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Parking Features | Door Single, Driveway, Garage |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $1,275,000 low | high Med: $1,599,400 sqft: 2,454 low | high Med: 4,354 $ / sqft: $520 low | high Med: $367 On site: 71 low | high Med: 63 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $1,275,000 low | high Med: $1,599,400 sqft: 2,454 low | high Med: 4,354 $ / sqft: $520 low | high Med: $367 On site: 71 low | high Med: 63 | |