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$1,625,000
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Property Description
PRICED 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.
Full Property Details
Full Property Details for 517 E 97th St
General
- Sold For: $1,625,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV25193737
- Added to Site: 141 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 9
- Parking Features: Garage
- Parking: Garage
Location
- Area: 102 - South Inglewood
- County: Los Angeles
- Development Name: 102 - South Inglewood
- Driving Directions: Century and Praire
Heating & Cooling
- Cooling Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 9
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Entry Location: 1
- Stories/Levels: Multi/Split
- Stories Description: Multi/Split
- Square Feet: 7,616
- Year Built: 1962
Unit Information
Unit 1
- Number of Units: 9
- Total Bathrooms: 10
- Bedrooms: 17
Lot Features
- Property View: None
- Lot Size (Acres): 0.2062
- Lot Size Source: Assessor
- Zoning: INR3YY
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $213.37
- Price Per Unit: 144333
Listed and Sold by Keller Williams Premier Properties, DIANE DIVINITY
Get Pre-Approved Today
Schools
Schools serving 517 E 97th St
School District:Inglewood Unified School District
| Name | Grades | Distance |
|---|---|---|
Payne (Beulah) Elementary School 215 West 94th Street, Inglewood, CA 90301 | K-6 | 0.6 mi |
Crozier (George W.) Middle School 1210 West Regent Street, Inglewood, CA 90301 | 7-8 | 1.6 mi |
Morningside High School 10500 Yukon Avenue South, Inglewood, CA 90303 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 E 97th St
Date
Details
Price
Change
Source
11/05/2025
Sold
$1,625,000
25.1%
MLS
9/01/2025
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
517 E 97th Street, Inglewood, CA 90301 (MLS# IV25193737) is a Multi-Family property that was sold at $1,625,000 on November 05, 2025. Want to learn more about 517 E 97th Street? Do you have questions about finding other Multi-Family real estate for sale in Inglewood? You can browse all Inglewood real estate or contact a Coldwell Banker agent to request more information.

