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315 W Manchester Blvd Inglewood, CA 90301
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,721 sqft
Price per Sqft $309
MLS Listing ID 24-375025
Sold Date 07/24/24
Bedrooms 4
Year Built 1953
Lot Size 9,162 Sqft
Acres 0.2103
Property Description
Back on market! 315 W. Manchester Blvd is located directly on one of the main corridors between LAX and the Intuit Dome, future Clippers Arena, and the $5.5 Billion SoFi Stadium and Hollywood Park. The property consists of a well-appointed two-story office building and a two-story 4 bedroom 2 bath single family residence (square footage TBD) on a 9,210 SF lot zoned R4. The office building, of approx. 2,275 SF, has been occupied by a law firm for many years and can be delivered vacant. The house is currently vacant as well. Due to the R4 zoning, the city will approve a change of use to residential for the front office building. Additionally, the two car garage may present the opportunity for an ADU. This is an ideal opportunity for an owner-user or investor to acquire a strategically located asset on the rapidly transforming Manchester Blvd thoroughfare in Inglewood. An owner-user who intends to occupy the office building can qualify for up to 90% SBA financing with still historically low 20-year fixed interest rates.
Location
State CA
County Los Angeles
Area North Inglewood
Zoning INC2*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment None
Exterior
Parking Features Garage - 2 Car, Driveway - Combination
Garage Spaces 6.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with LA Commercial, Inc.