3 months on rocket

415 Grace Ave, Inglewood, CA, 90301

$2,100,000

0.28 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #24427419
Lot Size0.28 Acres
StatusActive

About 415 Grace Ave

REDUCED! We are excited to offer for sale a fully ready-to-issue (RTI) 8-unit townhome-style development opportunity, featuring two main building types. Type 1 consists of Building 1, which includes Unit A and Unit B, while Type 2 encompasses Buildings 2, 3, and 4, each featuring Unit A and Unit AR. Unit A is designed with 3 bedrooms, 4 bathrooms, 1,514 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck (251 sq. ft.), while Unit B offers 3 bedrooms, 4 bathrooms, 1,690 sq. ft., a private 2-car garage (371 sq. ft.), and a spacious roof deck. Unit AR is a reversed version of Unit A. All the units feature laundry closets, a bonus/utility room with a full bathroom on the ground floor, and a private rooftop deck. The total rentable sq ft is 12,288 SF. The development is situated on a large 12,622 SF lot zoned R-3 in the Inglewood Downtown TOD (Transit-Oriented Development) area, a hub for new development. It is located in the Inglewood city center, within blocks from the Inglewood Courthouse and City Hall, and near hospitals, local grocery stores, and retail. The property benefits from a high Walk Score of 85, indicating a "Very Walkable" neighborhood where daily errands do not require a car. This level of walkability, coupled with easy access to public transportation and major thorough fares, enhances the appeal for future residents or tenants, especially in a market increasingly favoring accessibility and convenience. The Metro K Line Northern Extension would fill a gap in Metro's developing system to connect four major rail lines and six of the highest ridership bus lines in LA County. Request an Offering Memorandum for further details.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Jordan Petito

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Other

Directions Information:

  • Directions: The location is a few blocks south of West Manchester Boulevard and west of La Brea Avenue, near the intersection of Grace Avenue and East Arbor Vitae Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000

Tax Information:

  • Annual Amount: $3,022
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

Med. Sold Price

$745K

Med. Price/SqFt

$510

Avg. Days On Market

58

# of Sold Homes

34

415 Grace Ave vs Inglewood

110 DAYS ON ROCKET

+52 Days

$2,100,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24427419

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Jordan Petito

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,022$169,446
2020$9,306$167,710
2019$9,160$164,423
2018$9,069$161,200
2017$9,069$158,040

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4456174
7
/10
  • Wilder's Preparatory Academy Charter

  • 830 N La Brea Ave

  • 0.64 miles

  • Public Charter Grades KG-5

school-card-donut-4456175
6
/10
  • Icef Inglewood Elementary Charter Academy

  • 434 S Grevillea Ave

  • 0.71 miles

  • Public Charter Grades KG-5

school-card-donut-4456176
6
/10
  • Centinela Elementary School

  • 1123 Marlborough Ave

  • 0.72 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,776. Typical income of Inglewood, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 415 Grace Ave

What is the listing price of this property?

The listing price of 415 Grace Ave property is $2,100,000.

What type of property is this?

The property 415 Grace Ave is land located in Inglewood, California, 90301.

Is this property for sale now?

Active Listing: 415 Grace Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,022 (source: MLS/based on county public records data).

How much acreage is this property?

The property 415 Grace Ave is 0.28 acres.
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Rocket HomesCaliforniaLos Angeles CountyInglewood90301415 Grace Ave

This home is located at 415 Grace Ave in Inglewood, CA and zip code 90301 in the South Bay neighborhood. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $2,100,000.

While more than 13 listings in Inglewood, CA in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 18 were sold below. Between October 2024 and November 2024, Inglewood, CA real estate market has seen decrease in the number of listings by 3.2%. Listings spent 58 days on the market in November 2024, and had a median list price of $745,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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