Inglewood, CA 90301 517 Lime Street
$950,000
17 more
Presented By: Brian Noh with Nohco Real Estate; 9493085775
- MLS# OC25131775
- 06/17/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 4
SQFT • 2,502
Garage • 3
Home Details
517 Lime St is an incredible opportunity to acquire a
fully occupied duplex property on a big lot located in
the highly desirably city of Inglewood, Ca close to Sofi
Stadium.
This property is comprised of (2) 3 bedroom/2
bathroom units upstairs and downstairs, each having
been remodeled and currently rented to stable tenants.
Both units offer a spacious layout with hardwood/
laminate flooring, decorative fireplace, remodeled
kitchen, two full size bathrooms, large bedrooms, and
built in laundry area with washer/dryer hookups.
The property offers a strong investment with stable in
place rents with upside, including tremendous value add
opportunity to convert the detached garage into an
ADU or tear down and rebuild multiple new units in the
rear as the property sits on a large 7,250sf lot zoned
R2. This one screams potential!
Presented By: Brian Noh with Nohco Real Estate; 9493085775
Interior Features for 517 Lime Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesDecorative
Fireplace Y/NYes
FlooringLaminate, Tile, Wood
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesWasherHookup, GasDryerHookup, Inside
Total Stories2
Other Rooms
Entry Level1
General for 517 Lime Street
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasRange, RangeHood, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.0
Carport Y/NNo
CityInglewood
Community FeaturesCurbs, StreetLights, Sidewalks
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsOff 405 fwy, exit Manchester Blvd, head east, right on Cedar Ave, right on Lime St.
Electric On Property Y/NNo
Entry LocationFront
Facing DirectionSouth
Garage Spaces3.0
Garage Y/NYes
Gross Income69564.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031, FHA
Lot Size Square Feet7502.0
Lot Size UnitsSquareFeet
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income47568.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Open Parking Spaces3.0
Operating Expense20605.0
Pool FeaturesNone
PossessionCloseOfEscrow, ClosePlus, SeeRemarks
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot17
Tenant PaysElectricity, Gas, TrashCollection
Total Actual Rent5797.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
ViewNone
Water Sewer Expense0.0
Year Built1929
Year Built SourceAssessor
ZoningINR2YY
Exterior for 517 Lime Street
Building Area Total2502.0
Crops Included Y/NNo
FencingWroughtIron
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, BackYard, FrontYard, Lawn, Landscaped
Lot Size Acres0.1722
Lot Size Area7502.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate