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2703 W 79th Street

Inglewood, CA 90305

– beds
– baths
– sqft
6,703 sqft lot
– on site

Unique opportunity to build 1-2 units (by-right - fully entitled) in hot Morningside area of Inglewood. Invest in this booming area alongside billions of dollars of new development activity - SOFI Stadium, Intuit Dome, and the Kia Forum. Vacant lot entitled for either a single-family home (SFR) + and ADU or two-unit duplex (allows 2x800sqft units) 800 sq. ft projected to rent for up to $3,500, implying duplex rents of up to $7,000 per month. No off-street parking required, and no CEQA EIA or hearings required (ministerial approvals) Lots of upside potential, and a great opportunity to earn an outsized return. Build 2 x 800 sq ft duplex (1,600 sq. ft total) for ~$450k all-in, bringing total build (hard costs and soft costs) + land to $800,000 (we can refer you to a prefab builder ready to go at these prices). Imagine - a brand new construction duplex getting $6,000/month in rent for just $800,000 (that's about a 6.75% CAP rate!) - or flip it post-construction for $1.1mm+ Ask us how! Buyer to verify all claims regarding development ability, future values, and income potential.

Listed By CRMLS_CA / Michael Maloney / Keller Williams Realty Los Feliz

Last checked: Checking… • Last updated Dec 4, 2024 •

MLS# 24462775 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2025
Year Built Source:

Estimated
New Construction:

Yes
Building Area Total:

1600.00
Total Number Of Units:

2
# of Buildings:

1
Architectural Style:

Contemporary
Stories Total:

1

Interior

Levels:

Two

Location

Directions:

110 to Manchester, to Van Nuys to 79th
Latitude:

33.96753800
Longitude:

-118.32329300

The Property

Property Type:

Residential Income
Zoning:

INR1YY
Lot Features:

Back Yard
Lot Size Area:

6703.0000
Lot Size Dimensions:

50x134
Lot Size Acres:

0.1539
Lot Size SqFt:

6703.00
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4009030018

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

No
Parking:

None
Parking Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
11/14/24 Nov 14, 2024	Listed / Active	CRMLS_CA	$799,000
10/7/04 Oct 7, 2004	Sold	DAMLS
4/29/00 Apr 29, 2000	Sold	DAMLS

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This multifamily located in Morningside Park, Inglewood, CA 90305 is currently for sale for $799,000. 2703 W 79th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 34 days. 2703 W 79th Street is in the Morningside Park neighborhood of Inglewood and has a WalkScore® of 61, making it somewhat walkable. This multifamily is in the attendance area of Inglewood High School, Albert Monroe Middle School, and Warren Lane Tk-6 Elementary School.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty Los Feliz. Based on information from California Regional Multiple Listing Service, Inc. as of 23:57 on Dec 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.