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2614 W Manchester Boulevard

Inglewood, CA 90305
  • $850,000
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: SB24148750
UPDATED: 84 min ago
$850,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Maeve Becker of Keller Williams South Bay (310-375-3511) and Lanisha Stubbs of ()


Description

$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 propertys need for updates and current market realities, including rising borrowing costs and landlord expenses. Dont 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, Winchells 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 propertys income potential. With some attention to the buildings 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 Inglewoods explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The areas dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the propertys possibilities.This is a rare chance to own a mixed-use property in one of Los Angeless 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 wont last long! Some images have been virtually staged for illustrative purposes.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-20T00:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/152865375
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2614 W Manchester Boulevard Inglewood, CA 90305

  • Price: $850,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 84 min ago
  • MLS #: SB24148750
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1938
Built
Neighborhood:
102 - South Inglewood
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
$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 propertys need for updates and current market realities, including rising borrowing costs and landlord expenses. Dont 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, Winchells 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 propertys income potential. With some attention to the buildings 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 Inglewoods explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The areas dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the propertys possibilities.This is a rare chance to own a mixed-use property in one of Los Angeless 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 wont last long! Some images have been virtually staged for illustrative purposes.
Exterior Features

Entry Level 1 Entry Location Manchester Blvd. Fencing BlockGood ConditionSecurityVinylWrought Iron Lot Features Back YardNear Public Transit Number Of Separate Electric Meters 3 Parking Features AssignedDoor-SingleGarageGarage Faces RearOn Street Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedPaved Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances Electric CooktopFreezerMicrowaveRefrigeratorWater Heater Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileVinyl Interior Features BalconyFurnishedBedroom on Main LevelGalley Kitchen

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6 Common Interest None Community Features SidewalksUrbanGated Current Financing Conventional Disclosures Rent Control Fuel Expense 0 Garage YN Yes Gross Income 72000 Gross Scheduled Income 72000 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 58140 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 2 Operating Expense 10260 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Gated CommunitySmoke Detector(s)Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityInsurance Total Actual Rent 72000 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedSewer ConnectedWater Connected Vacancy Allowance 3600 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source Public Zoning INC2YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-20T00:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Maeve Becker of Keller Williams South Bay (310-375-3511) and Lanisha Stubbs of ()