Inglewood, CA 90301,1225 S Prairie AVE
Inglewood, CA 90301,1225 S Prairie AVE
Inglewood, CA 90301,1225 S Prairie AVE
25
$1,850,000
$1,950,000
5.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9,056 Sqft Lot

1225 S Prairie AVE Inglewood, CA 90301

Est. payment /mo
SOLD DATE : 10/23/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,850,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS23052710

Sold Date 10/23/23

HOA Y/N No

Year Built 1927

Annual Tax Amount $15,580

Lot Size 9,056 Sqft

Property Description

This property is a Unique mixed-use opportunity. The property currently consists of 3 separate structures on a 9,474 sqft lot with 50’ of frontage on Prairie ave.. The first building is 985 sqft retail space with a attached side yard that is currently a sign store. The second building is a 1300 sqft 3 bed 1 bath single family house with it’s own yard. The third structure is a triplex with two large 2 car garages. The units consist of two 500 sqft 1 bed 1 baths upstairs and one 300 sqft studio below. All rents are substantially under market value and all units are occupied but one of the upstairs 1bed 1bath unit that is in mid construction condition. This property was recently appraised at $2,130,000 for land value. The long term development possibilities is where the real value lies on this property.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Interior

Fireplace No

Laundry Inside

Exterior

Carport Spaces 4

Total Parking Spaces 8

Building

Lot Description Rectangular Lot

Water Public

Others

Tax ID 4024044013

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust

Read Less


California Regional MLS (CRMLS)
Listed by Mark Jensen • Nationwide Real Estate Execs • 562-208-7500
Bought with Mark Jensen • Nationwide Real Estate Execs

GET MORE INFORMATION

Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.