2703 W 79th Street, Inglewood, CA 90305
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
2703 W 79th Street,Inglewood, CA 90305
$799,000
- 2 Beds
- 2 Baths
- 1,600 sq. ft.
- Multi-family
- Active
Listed by:michael maloney
Office:keller williams realty los feliz
MLS#:24462775
Source:CRMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$499.38
About this home
Unique opportunity to build 1-2 units (by-right - fully entitled) in hot Morningside area of Inglewood. Invest in this booming area alongside billions of dollars of new development activity - SOFI Stadium, Intuit Dome, and the Kia Forum. Vacant lot entitled for either a single-family home (SFR) + and ADU or two-unit duplex (allows 2x800sqft units) 800 sq. ft projected to rent for up to $3,500, implying duplex rents of up to $7,000 per month. No off-street parking required, and no CEQA EIA or hearings required (ministerial approvals) Lots of upside potential, and a great opportunity to earn an outsized return. Build 2 x 800 sq ft duplex (1,600 sq. ft total) for ~$450k all-in, bringing total build (hard costs and soft costs) + land to $800,000 (we can refer you to a prefab builder ready to go at these prices). Imagine - a brand new construction duplex getting $6,000/month in rent for just $800,000 (that's about a 6.75% CAP rate!) - or flip it post-construction for $1.1mm+ Ask us how! Buyer to verify all claims regarding development ability, future values, and income potential.
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Home facts
- Year built:2025
- Listing ID #:24462775
- Added:315 day(s) ago
- Updated:September 26, 2025 at 10:46 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Living area:1,600 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2025
- Building area:1,600 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$499.38
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