LKV Realty
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$799,000
$3,900Reward *
2703 W 79th Street, Inglewood, CA 90305Listing ID 24462775

2703 W 79th Street, Inglewood, CA 90305

Active
Time on site: 643 daysLast updated: Dec 5, 2024
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,600
Acres
Acres
0.15
Days on Site
Days on Site
642
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
2025
Stories
Stories
2
Parking
Parking
None

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.

Property Information

Property Details

Location

Address
2703 W 79th Street
County
Los Angeles
City
Inglewood
Zip Code
90305
MLS Area
101 - North Inglewood

Interior Features

Beds and Baths

Bedrooms
2

Building

Building Information

Square Feet
1,600
Year Built
2025
Stories
2

Financial

Special Conditions
Standard
Michael MaloneyLPT Realty, Inc, (877) 366-2213

Market Report for 90305

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X69514