This exceptional property offers not just a home, but a versatile living arrangement that combines convenience, comfort, and investment potential. Upon arrival, you'll be greeted by a spacious driveway, providing ample parking for multiple vehicles. Step inside the main residence, where you are welcomed with an open-concept living area that is bathed in natural light, three spacious bedrooms, a kitchen with plenty of counter space, and two full bathrooms. There is also a separate entrance located within the main home which includes a studio with a full kitchen and full bathroom. The backyard includes an expansive additional converted space with its own kitchen, bathroom, two bedrooms and an upstairs loft area. These additional units are perfect for guests, extended family, or as a rental opportunity to generate supplemental income. The expansive backyard also includes a detached garage which can be used as a storage space or for additional parking. Conveniently located near the airport and major freeways, this home offers the ideal blend of urban convenience and suburban tranquility. Explore nearby attractions such as SoFi Stadium, The Forum, and the vibrant Inglewood entertainment district.
Outstanding North Inglewood Location Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) 5.49% Current Cap Rate & 11.83 Current GRM 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM 4 Units are Less than 80% of Inglewood FMR Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify Large 7,501-SF Lot Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 Private Balconies & On-Site Laundry Facility Total of 8 Parking Spaces Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project
320 S La Brea Ave is a landmark 1940's Art Deco building located in Downtown Inglewood's historic core area. It offers a large open space with open-beam truss ceilings and brick walls, along with a custom roll-up door. The property includes approximately 13 parking spaces and features a lobby/reception area, private office space, store front, and storage. It provides an eye-catching signage opportunity and is zoned for various uses such as retail, restaurants, services, and offices. Additionally, there is a potential drive-thru opportunity, and the location benefits from high traffic volume with 21,657 cars passing by on La Brea Ave daily.
Inglewood is located in California. Inglewood, California has a population of 108,206. Inglewood is less family-centric than the surrounding county with 24.91% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Inglewood, California is $62,845. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Inglewood is 36.8 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 48.4 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.