• Asking Price $2,100,000
  • Estimated Value: $2,073,847
  • 415 GRACE AVE INGLEWOOD, CA 90301

  • 4 Baths
  • Townhouse or Condo / Resale (MLS)

Property Details for 415 GRACE AVE, INGLEWOOD, CA 90301

Features

  • Lot Size: 12622 sq. ft.
  • Heating: 24
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1930
  • Property ID: 912882116
  • MLS Number: 24-427419
  • Parcel Number: 4015-021-017
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: TRACT NO 4484 LOT/SEC 13
  • Zoning: INP1YY
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. REDUCED! We are excited to offer for sale a fully ready-to-issue (RTI) 8-unit townhome-style development opportunity, featuring two main building types. Type 1 consists of Building 1, which includes Unit A and Unit B, while Type 2 encompasses Buildings 2, 3, and 4, each featuring Unit A and Unit AR. Unit A is designed with 3 bedrooms, 4 bathrooms, 1,514 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck (251 sq. ft.), while Unit B offers 3 bedrooms, 4 bathrooms, 1,690 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck. Unit AR is a reversed version of Unit A. All the units feature laundry closets, a bonus/utility room with a full bathroom on the ground floor, and a private rooftop deck. The total rentable sq ft is 12,288 SF. The development is situated on a large 12,622 SF lot zoned R-3 in the Inglewood Downtown TOD (Transit-Oriented Development) area, a hub for new development. It is located in the Inglewood city center, within blocks from the Inglewood Courthouse and City Hall, and near hospitals, local grocery stores, and retail. The property benefits from a high Walk Score of 85, indicating a "Very Walkable" neighborhood where daily errands do not require a car. This level of walkability, coupled with easy access to public transportation and major thorough fares, enhances the appeal for future residents or tenants, especially in a market increasingly favoring accessibility and convenience. The Metro K Line Northern Extension would fill a gap in Metro's developing system to connect four major rail lines and six of the highest ridership bus lines in LA County. Request an Offering Memorandum for further details.

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Property Brokerage: KELLER WILLIAMS BEVERLY HILLS REALTY 439 N. Canon Dr. Suite 300 Beverly Hills CA 90210
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.