541 Elm Avenue
Inglewood, CA 90301
- – beds
- – baths
- – sqft
- 7,419 sqft lot
- 1930 build
- – on site
Exceptional Investment Opportunity in Inglewood! This meticulously maintained 4-unit property exemplifies pride of ownership and offers a unique chance for savvy investors. The front house features a spacious 2-bedroom, 1-bath layout complete with an indoor laundry room, complemented by three additional spacious 1-bedroom, 1-bath units situated in the back. A long driveway leads to three individual single-car garages, providing ample parking for tenants. Each unit is individually metered for electricity and gas, ensuring convenience and efficiency, while dual pane windows and central AC and heating offer comfort year-round. Nestled in a highly desirable area, this property is just minutes away from top-rated schools, diverse shopping options, dining hotspots, Sofi Stadium, Hollywood Park, Kia Forum, and LAX. Enjoy nearby recreational areas like Sentinel Field, Ashwood Park, and Simmons Playground. With all four units currently rented, this property boasts a high tenant demand and has the potential to add an ADU for additional income. Don’t miss out on this fantastic opportunity to enhance your real estate portfolio!
Last checked:
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Last updated Feb 5, 2025
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MLS# IG25019936 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1930
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3044.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Levels:One, Two
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Entry Location:1
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Individual Room, Inside, See Remarks
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Laundry:1
Location
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Directions:Manchester Blvd & Oak St
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Latitude:33.95599700
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Longitude:-118.36563500
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:INR2YY
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7419.0000
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Lot Size Acres:0.1703
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Lot Size SqFt:7419.00
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Lot Size Source:Assessor
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6014.02
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Tax Tract:6232
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Tax Lot:28
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4022010014
Heating & Cooling
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Heating:1
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Heating:Central, Fireplace(s)
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Park, Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:9.00
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Garage Spaces:3.00
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Uncovered Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/30/25
Jan 30, 2025
|
Listed / Active | CRMLS_CA | $1,698,000 | 6.1% (3.5% / YR) |
4/25/23
Apr 25, 2023
|
CRMLS_CA | $1,600,000 | ||
4/17/23
Apr 17, 2023
|
CRMLS_CA | $1,600,000 |