Listed By:
Darin Spillman with Kidder Mathews of California, Inc.;
Address
315 W Manchester Boulevard, Inglewood, CA
Price
$ 1,200,000
Property Attributes
  • MLS#23238073
  • TypePending
  • CountyLOS ANGELES
  • CityInglewood
  • AreaNorth Inglewood
  • Zip90301
  • Style
  • Price$ 1,200,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3721
  • Lot Size9,161 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Further price reduction! Submit all offers. 315 W. Manchester Blvd is located directly on one of the main corridors between LAX and the Intuit Dome, future Clippers Arena, and the $5.5 Billion SoFi Stadium and Hollywood Park. The property consists of a well-appointed two-story office building and a two-story 4 bedroom 2 bath single family residence of on a 9,210 SF lot zoned C2. The office building has been occupied by a law firm for many years and will be delivered vacant. The house is currently vacant as well. This is an ideal opportunity for an owner-user or investor to acquire a strategically located asset on the rapidly transforming Manchester Blvd thoroughfare in Inglewood. An owner-user who intends to occupy the office building can qualify for up to 90% SBA financing with still historically low 20-year fixed interest rates. Property can be delivered 100% vacant at close of escrow. Seller will consider carrying a 67% loan, interest rate and terms to be determined.

Price History
2/2/2023 Listed $1,900,000
3/23/2023 16% - $1,600,000
5/11/2023 13% - $1,400,000
8/18/2023 15% - $1,200,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Inglewood
County Los Angeles
Days on Market 229
Directions East of 405 Freeway and West of La Brea.
Garage Spaces 2.0
Garage Y/N Yes
Gross Income 88800.0
Heating WallFurnace
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels Two
Lot Size Square Feet 9162.0
MLS Area 101 - North Inglewood
Mobilehomeremainsyn No
Net Operating Income 63800.0
New Construction No
Open Parking Spaces 4.0
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Pending
Status Pending
Stories 2
Street Name Manchester
Total Units 2
View Y/N No
Waterfront Y/N No
Year Built 1953
Year Built Source Assessor
Zoning INC2*

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Livingareasource Assessor
Street Suffix Boulevard
Total Baths 5
Total Bedrooms 4
Total Stories 2

Exterior Features

Living Area 3721.0
Building Area Total 3721.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 45x200
Lot Size Acres 0.2103
Lot Size Area 9162.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Lotdimensionssource Assessor
Number of Buildings 2
Open Parking Y/N No
Parking Features DoorMulti, Driveway, Garage
Spa No
Total Parking 6.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90301

Price
AVG $880K
$1.2M
Visits
AVG 95
326
Data Provided by Inside Real Estate®
Year Built
AVG 1973
1953
Walkscore
AVG 83
89
Data Provided by Walkscore® not using MLS data