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2705 79th St 0.06 Acres of Residential Land Offered at $482,415 CAD in Inglewood, CA 90305
INVESTMENT HIGHLIGHTS
- Flat, buildable duplex lot in high-rent area
- Should build to cost well below purchase price of comparable SFR or duplex in the area
- Ability to build to spec SFR or duplex, without scraping existing / paying to reno - lot is vacant and buildable
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,240
|
$1,611,035.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,240
|
$1,611,035.06
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$29,772
|
$483,310.52
|
| Net Operating Income |
$69,468
|
$1,127,724.54
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,240 |
| Annual Per AC | $1,611,035.06 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,240 |
| Annual Per AC | $1,611,035.06 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $29,772 |
| Annual Per AC | $483,310.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $69,468 |
| Annual Per AC | $1,127,724.54 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $482,415 CAD | Lot Size | 0.06 AC |
| Price Per AC | $7,826,465.34 CAD |
| Price | $482,415 CAD |
| Price Per AC | $7,826,465.34 CAD |
| Lot Size | 0.06 AC |
Flat Lot - Ready to Build 1-2 Units in Prime Inglewood location Ministerial approval, no hearings required No parking required Duplex option: 2x800 sqft units = 1,600 sqft (e.g., 2-story w/ 2 x 2bd/1ba units) SFR option: 1,600 sqft house
DESCRIPTION
Beautiful Inglewood location in an area filled with prime SFR homes near SoFi Stadium. First chance to build 2 units on a single lot in ~100 years. Great potential - developer can create two 800sqft units without any parking required, reducing build cost / maximizing use of sqft.
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Presented by
Yardsworth Inc.
2705 79th St
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