1216 W 103rd St, Los Angeles, CA 90044

Property Description

5-bedroom 3-bathroom designer remodeled home on a huge 9,100 sqft lot! Your dream home/investment awaits! Sunny, bright, and beautifully reimagined 4-bedroom/2-bathroom main home and a separate 1-bedroom 1-bathroom guest residence. The bonus suite is perfect for your in-laws, your teenager, or to combine with the rest of the house to make for a total of 5-bedrooms and 3-bathrooms. The house has had numerous upgrades, including a new roof, plumbing, electrical, paint, flooring, landscaping with drip irrigation, and the addition of air conditioning. The interior features a remodeled open-concept gourmet chef's kitchen with quartz countertops and new stainless-steel appliances...perfect for entertaining. The bathrooms have been fully remodeled. The home sits on an upzoned and oversized 9,100 square-foot lot, allowing you to add multiple new apartments in the future, making this a great investment! Use your imagination to build custom ADUs or simply enjoy entertaining amongst the fruit trees in the backyard. Both existing units could also be rented as-is for a combined 6% or 7% CAP using approximated market and Section 8 rents respectively. The property is just minutes from shopping, restaurants, and the revitalized Inglewood sports and entertainment complex (SoFi Stadium, Intuit Dome, Kia Forum, YouTube Theatre, Hollywood Park Casino). Don't miss this opportunity to acquire a family compound that comes with so many possibilities to create future wealth!