254 W 98th ST, Inglewood, CA 90301
254 W 98th ST, Inglewood, CA 90301
254 W 98th ST, Inglewood, CA 90301
254 W 98th ST, Inglewood, CA 90301
254 W 98th ST, Inglewood, CA 90301
254 W 98th ST, Inglewood, CA 90301
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$ 1,195,000
Est. payment | /mo

6 Beds

4 Baths

2,334 SqFt


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$ 1,195,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,334 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,334 sqft

Price per Sqft $511

MLS Listing ID 26921389

Bedrooms 6

Full Baths 4

Construction Status Additions/Alterations,Updated/Remodeled

HOA Y/N No

Year Built 1938

Lot Size 5,005 Sqft

Property Sub-Type Single Family Residence

Property Description

TURNKEY INGLEWOOD HOME + INCOME-PRODUCING DETACHED ADU | FULLY FURNISHED | PERMITTED 2022 CONSTRUCTION. Welcome to 254 W. 98th Street, an exceptional turnkey opportunity offering the rare combination of a recently remodeled single-family residence and a newer, fully permitted detached ADU with its own garage. Whether you're a first-time homebuyer looking for a property that can help offset your mortgage, a multigenerational family seeking separate living spaces, or an investor looking for immediate rental income, this property offers tremendous flexibility and upside.The front residence features approximately 1,135 square feet with 3 bedrooms and 1 bathroom and has been recently remodeled and fully furnished. The home offers a comfortable, move-in-ready living environment with the opportunity for a buyer to simply bring their personal belongings and enjoy the property from day one.Behind the main residence is an impressive 1,199-square-foot detached ADU, constructed with permits in 2022, featuring 3 bedrooms and 3 bathrooms. The ADU is also fully furnished and includes its own garage, providing a highly desirable independent living arrangement and significant additional value.The ADU is currently occupied by a long-term tenant under a corporate lease generating $4,000 per month, providing an immediate income stream to the new owner. A buyer can live in the front home while the ADU income helps offset the cost of ownership of an especially attractive opportunity for a first-time buyer. The property can also appeal to experienced investors and furnished-rental operators looking for a turnkey opportunity. Subject to applicable laws, regulations, permits, HOA rules (if any), and local requirements, the fully furnished ADU provides the potential for an alternative rental strategy for an operator equipped to manage short-term or mid-term rentals. With Los Angeles County preparing to welcome the 2028 Olympic and Paralympic Games, the property's location, additional living space, furnishings, and flexible configuration could make it particularly attractive to rental operators targeting future event-driven demand.Property Highlights:* Approximately 2,334 total square feet of living space* 6 bedrooms / 4 bathrooms combined* Main home: approximately 1,135 SF | 3 BD / 1 BA* Detached ADU: approximately 1,199 SF | 3 BD / 3 BA* ADU constructed with permits in 2022* Detached ADU with garage* Both residences fully furnished* Recently remodeled main residence* ADU currently leased to a corporate tenant for $4,000/month (helps offset mortgage for FHA Buyer)* Excellent owner-occupant + rental-income opportunity* Ideal multigenerational living configuration* Potential furnished-rental opportunity for qualified operators, subject to applicable regulations* Turnkey opportunity requiring minimal immediate setupThis is more than a traditional first-time homebuyer purchase it is an opportunity to acquire a property with two independent living spaces and an existing income-producing ADU. Live in one, rent the other, accommodate extended family, or explore additional permitted rental strategies.Located in the heart of Inglewood, the property offers convenient access to major employment centers, shopping, dining, entertainment, transportation corridors, SoFi Stadium, Intuit Dome, Kia Forum, LAX, and the greater Los Angeles area. Opportunities like this are rare: a remodeled and furnished 3-bedroom home combined with a newer, permitted 3-bedroom/3-bath detached ADU, garage, furnishings, and $4,000/month corporate rental income. Come see the possibilities at 254 W. 98th St. Inglewood, CA 90301.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INR1YY

Interior

Interior Features Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Furnished

Heating Natural Gas

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Furnishings Furnished

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Laundry Closet

Exterior

Parking Features Door-Single, Driveway, Garage

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Accessibility Accessible Doors

Porch Front Porch

Private Pool No

Building

Lot Description Landscaped

Faces North

Entry Level Two

Foundation Slab

Sewer Other

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Updated/Remodeled

Others

Senior Community No

Tax ID 4023035002

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, VA Loan

Financing Cash,Conventional,Cal Vet Loan,FHA,Private

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Julian Barba Fathom Realty Group Inc. #02150893

Nearby Locations

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+1(562) 800-0228

sonia.amen@luxlivingestates.co

18838 Norwalk Blvd, Artesia, CA 90701, USA

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254 W 98th ST