2614 West Manchester Boulevard

Inglewood, CA 90305

$850,000
Price
2
Beds
6
Baths
2,650 Sq. Ft.
$321 / Sq. Ft.
2,650
Sq. Ft.
$321
per Sq. Ft.

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 property’s need for updates and current market realities, including rising borrowing costs and landlord expenses. Don’t miss...$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 property’s need for updates and current market realities, including rising borrowing costs and landlord expenses. Don’t 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, Winchell’s 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 property’s income potential. With some attention to the building’s 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 Inglewood’s explosive growth, this property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum, YouTube Theater, and the upcoming Clippers Stadium. The area’s dynamic energy and unparalleled visibility make it an ideal investment for those ready to restore and reimagine the property’s possibilities. This is a rare chance to own a mixed-use property in one of Los Angeles’s 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 won’t last long! Some images have been virtually staged for illustrative purposes.
  1. Listed by Maeve Becker • DRE #01963513 • Brokerage DRE #01854035 • Keller Williams South Bay • 310-902-0109
  2. Listed by Lanisha Stubbs • DRE #01505051 • Brokerage DRE #02022092 • Real Broker

Property Details for 2614 West Manchester Boulevard

View
Neighborhood
Parking Spaces Total
1
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
4200
LISTING UPDATED: 12/21/2024 05:56 AM

Property Details for 2614 West Manchester Boulevard

StatusActive
MLS #SB24148750
Days on Market152
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1938
Lot Size0.10 AC / 4,200 SF
CountyLos Angeles County

Building Information for 2614 West Manchester Boulevard

Stories2Residences-Year Built1938Building Size-Lot Size0.10 AC / 4,200 SF

Property Information for 2614 West Manchester Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Insurance
Income / Expense / Tax Details
Income Details
  • Gross Income: $72,000
  • Gross Scheduled Income: $72,000
  • Vacancy Allowance: 3600
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $68,400
  • Net Operating Income: $58,140
  • Other Income Description: Expense See Private Remarks
  • Gross Multiplier: 13.46
  • Cap Rate: 6.0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $10,260
  • Operating Expense Percent: 15.00%
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Other Expense Description: Remarks
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 8344
  • Tax Census Tract: 6007.04
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Appliances: Electric Cooktop, Freezer, Microwave, Refrigerator, Water Heater
  • Equipment: Freezer, Microwave, None, Refrigerator
  • Interior Features: Balcony, Furnished
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Flooring: Tile, Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Security Lights, Smoke Detector(s)
  • Entry Location: Manchester Blvd.
  • Fence: Yes
  • Fence: Vinyl, Wrought Iron
  • Fencing: Block, Good Condition, Security, Vinyl, Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Green Info
  • Walk Score: 81
Land/Lot Info
  • Lot Features: Back Yard, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage: Assigned, Garage - 1 Car, On street
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage Faces Rear, Garage - Single Door, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $22,500
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $21,900
  • Unit Type Total Rent: $1,825
  • Unit Type Pro Forma: 1825
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 2
  • Number With Carpet: 0
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number Wall AC: 2

Property History for 2614 West Manchester Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2614 West Manchester Boulevard

Taxable ValueLand$535,500Additions$517,140Total$1,052,640
Tax Record2024$14,059 ($1,172 / month)
Home Facts
Total Finished SqFt2,650 SqFtAbove Grade Finished SqFt2,650 SqFtLot Size4,200 SqFtStyleOffice BuildingYear Built1938ZoningINC2YYCountyLOS ANGELESAPN4026-004-003

Schools near 2614 West Manchester Boulevard

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lane (Warren) Elementary School
PublicK to 6

Clyde Woodworth Elementary School
PublicK to 8

Inglewood High School
Public9 to 12

Animo Inglewood Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2614 West Manchester Boulevard is a mixed use property for sale in Inglewood, CA 90305. This property was listed for sale on July 22, 2024 by Keller Williams South Bay, it's currently listed at $850,000. It has been on the market for a total of 152 days and was last sold on October 5, 2016. This listing's school district is Inglewood Unified School District. Nearby schools include Lane (Warren) Elementary School, Clyde Woodworth Elementary School and Inglewood High School. 2614 West Manchester Boulevard is a 2-bed, 6-bath, 2,650 sqft mixed use property built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams South Bay, Maeve Becker, DRE #01963513; Real Broker, Lanisha Stubbs, DRE #01505051

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.