Inglewood, CA 90301 116 S Fir Avenue

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Presented By: Jessie Rodriguez with Cal American Homes;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# CV25061631
  • 04/07/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 4,688

Home Details

Located in the heart of Inglewood, this highly desirable property with a great unit mix of 6 generously proportioned apartments includes one (1) one-bedroom /one-bath unit, four (4) two-bedrooms/one bath units and one (1) three-bedrooms/2 baths unit. Held and meticulously maintained by the same family since 1977, this attractive building with a strong rental history and large upside potential features ample tuck-under and carport parking perfect for converting into additional ADUs. Drought tolerant landscaping, separate laundry facility, and one completely renovated 2 bedroom unit with new appliances, countertops, fixtures and engineered wood flooring are also present in this complex. An added bonus is SB 721 balcony retrofit has already been completed! This property’s strategic location in the “City of Champions” offers quick and easy access to shopping, dining, and the nearby iconic sports and entertainment venues: Kia Forum, SoFi Stadium, YouTube Theatre, and the Beckman YOLA Center. Transportation is a breeze with hubs like LAX and the Florence/La Brea Metro Station only a few short miles away. Significant to know, the building is not in the LAX flight path. Additionally, Cozier Middle School, City Honors International Preparatory School, and Inglewood High School are all within blocks of this property. With a high demand for housing in the area, this property affords an excellent income-generating opportunity and is a wise investment for both the experienced investor looking to expand their portfolio or add additional units, and the first-time investor interested in generating passive income.
Presented By: Jessie Rodriguez with Cal American Homes;

Interior Features for 116 S Fir Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 116 S Fir Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces9.0
Carport Y/NYes
CityInglewood
Community FeaturesSuburban
ContingencyNone
CountyLos Angeles
DirectionsEast on Manchester, North on Fir
Electric Expense638.56
Entry Locationdoor
Fuel Expense1860.0
Garage Spaces0.0
Garage Y/NNo
Gross Income128136.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense6055.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet8000.0
Lot Size UnitsSquareFeet
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income102594.0
New ConstructionNo
Number Of Units Total6
Open Parking Spaces0.0
Operating Expense25542.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityINGLEWOOD
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot24
Trash Expense3410.2
ViewNone
Water Sewer Expense7499.8
Year Built1963
Year Built SourceAssessor
ZoningINCC*

Exterior for 116 S Fir Avenue

Building Area Total4688.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1837
Lot Size Area8000.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,498,000
MLS#CV25061631
List Date 04/07/2025
Property Type Multi-Family
Phone 714.742.6515
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