$850,000
- Beds
- Unknown
- sq ft
- Unknown
2614 W Manchester Blvd, Inglewood, CA 90305
2614 W Manchester Blvd
Inglewood, CA 90305
- 154 days on market
- Price drop $120,000↓
$120,000 Price Reduction! Motivated Seller – Act Fast!
Attention savvy investors and business visionaries: this mixed-use property in the heart of Inglewood just became an even more attractive opportunity! With a dramatic price adjustment from $970,000 to $850,000, the seller is motivated to close quickly, making this the perfect time to act. The new price reflects both the property’s need for updates and current market realities, including rising borrowing costs and landlord expenses. Don’t miss your chance to acquire this unique gem at an unbeatable value!
Back on the market and brimming with potential, this property combines a spacious commercial storefront and two fully furnished residential units in a vibrant and sought-after neighborhood. The front commercial space offers 1,060 square feet of opportunity, complete with storage and three bathrooms. Located on bustling Manchester Boulevard, it enjoys high visibility amidst popular businesses like Auto Zone, Winchell’s Donuts, and Dollar Tree. Ideal for retail shops, tattoo parlors, cafes, or showrooms, the space features new vinyl flooring and a lockable partition but requires further updates to maximize its full potential as a thriving business hub.
At the rear of the property, a renovated 252-square-foot studio includes a kitchenette, a meeting or workroom, a closet, and a full bath, though residential use is not permitted. A fully furnished duplex, leased at full market rent, offers cozy interiors and private backyards, adding to the property’s income potential. With some attention to the building’s condition, including transforming the outdoor patio into a functional and inviting space, this property offers endless opportunities for creativity and profit.
Positioned in the heart of Inglewood’s explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The area’s dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the property’s possibilities.
This is a rare chance to own a mixed-use property in one of Los Angeles’s most exciting neighborhoods at an unbeatable price. Take advantage of the recent price reduction and schedule a private tour today. With the seller motivated and the market responding, this property won’t last long! Some images have been virtually staged for illustrative purposes.
Details
Property type
Mixed Use
Lot size
4,200 sq ft
Price per sq ft
Unknown
Year built
1938
HOA
No
Price History
12/05/2024
CRMLS #SB24148750
Price change
$850,000
-12.37%
09/25/2024
CRMLS #SB24148750
Listed
$970,000
09/19/2024
CRMLS #SB24148750
Pending
$970,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated, Sidewalks
Community features:
Gated, Sidewalks
Status: Active
Tomo last checked: 12/22/2024 at 10:10 PM
Listing updated: 12/21/2024 at 2:00 PM
Listed by: Maeve Becker, Keller Williams South Bay Phone #: (310) 375-3511
MLS: CRMLS #SB24148750
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