Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,130 sqft

Lot size

6,503 sqft

Year built

1982

Stories

2

Cooling

None

Status

Active

Days on market

70

MLS #

244962495

About this property

First Time on the Market Since 1974! Rare opportunity to own two detached homes on one lot in a desirable Inglewood neighborhood. Each home features 2 bedrooms and 1 bathroom, making this property ideal for an owner-user or investor. Well maintained by the same family for over 50 years, the property also includes two spacious 2-car garages located beneath one of the residences, along with a large paved parking area offering ample off-street parking. The garages present an excellent opportunity for conversion into an ADU and Junior ADU, potentially transforming this duplex into a 4-unit income property while utilizing existing structures to help minimize construction costs, subject to city approval and applicable regulations. Long-term tenants and below-market rents provide excellent value-add potential. Located in a strong rental market, this is a unique opportunity to own a quality income property.

Location

313 W Buckthorn Street

Inglewood, Los Angeles, CA, 90301