Seller's Agent in 2025
Diane Divinity
KELLER WILLIAMS PREMIER PROPERTIES
(909) 239-4411
17 Total Sales
517 E 97th St Inglewood, CA 90301
17
Beds
10
Baths
7,616
Sq Ft
8,980
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 9 Car Garage
- Cooling Available
About This Home
As of November 2025PRICED TO SELL ...INTRODUCING THIS JEWEL TO THE MARKET
Investment Opportunity – 9-Unit Building in Inglewood
517 E 97th St presents a rare value-add opportunity in the rapidly growing city of Inglewood. This 9-unit multifamily property currently has 8 vacant units ready for renovation and repositioning, with 1 units occupied, providing immediate rental income. Additional features include 9 garages (5 enclosed and 4 open) and a community laundry room. Gated entrance front and back ,
The property is ideal for experienced investors or developers seeking a project with significant upside potential. With renovations and leasing, the building offers strong cash flow possibilities in a high-demand rental market. There are no lease agreements * for the 2 occupied units.
Conveniently located blocks from ,Intuit Dome Sofi Stadium, Hollywood Park, LAX, and major transportation corridors.
Last Agent to Sell the Property
KELLER WILLIAMS PREMIER PROPERTIES Brokerage Phone: 909-239-4411 License #01783811 Listed on: 09/01/2025
Last Buyer's Agent
KELLER WILLIAMS PREMIER PROPERTIES Brokerage Phone: 909-239-4411 License #01783811 Listed on: 09/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 8,980 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 9 Car Garage
- Parking Available
Home Design
- Split Level Home
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,616 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 17 Bedrooms
- 10 Bathrooms
Utilities
- Cooling Available
Listing and Financial Details
- Tenant pays for all utilities, electricity
- Tax Lot 28
- Tax Tract Number 550
- Assessor Parcel Number 4024041022
- $2,309 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 9 Separate Water Meters
- Insurance Expense $6,900
- Water Sewer Expense $2,820
- Operating Expense $9,720
- Gross Income $194,400
- Net Operating Income $184,680
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Sold | $1,625,000 | +25.1% | $213 / Sq Ft |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 09/29/2025 09/29/25 | For Sale | $1,299,000 | -20.1% | $171 / Sq Ft |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- |
| 09/04/2025 09/04/25 | Off Market | $1,625,000 | -- | -- |
| 09/01/2025 09/01/25 | For Sale | $1,299,000 | -- | $171 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Diane Divinity
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25193737
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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