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Inglewood and Manhattan Beach goldmines.

September 13,2021 | Posted By Flavia Brown in Real Estate
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A potential goldmine for Inglewood real estate investors is an opportunity to not overlook. SoFi Stadium is a big reason Inglewood is a hot market, but this remarkable structure is just a part of the 298,000-acre Hollywood Park development. (The entire development is more than 50% completed). Aside from the anticipated high return on investment, you can be part of this incredible development that is transforming Inglewood into a “new city” by becoming a property owner. Buying a piece of  Inglewood is potentially a very wise and lucrative investment and an easy way to put your money to work. Easy? Just buy an income property and hire a property management company to take care of everything – collect rental income, take care of any repairs, and other responsibilities. How do I fit in, you might ask. I will represent you as my buyer client and will do my best to get you a good deal. Primarily, that means driving down the list price to where it will be a lower-than-true-market-value purchase. I have developed that skill, which is the best way for me to bring the most value to my buyer clients. For buyers who like upscale oceanfront living, a 10-minute drive south of Inglewood will take you to upscale Manhattan Beach where magnificent oceanfront luxury homes are available. Following is information for Inglewood and Manhattan Beach:

INGLEWOOD -- In addition to SoFi Stadium, the Hollywood Park complex includes the new L.A. Clippers stadium, The Forum, and will include five million square feet of creative office space, an exceptional retail district reaching up to 890,000 square feet, a 6,000-seat performance venue, a 300-room hotel, up to 2,500 new sophisticated residences, a 6-acre artificial lake with 25 acres of tree-lined public parks and plazas, the new 214,063 sq. ft. NFL West Coast headquarters, lakefront dining and cocktails, movies, music in the park, art shows, a 20,000-sq. ft. international culinary marketplace, and much more. Superbowl LVI will be at SoFi Stadium in 2022. SoFi Stadium will host Super Bowl LVI in 2022, 2023 College Football National Championship, and the Opening and Closing Ceremonies of the 2028 Olympic Games. More: 3,000 single-family residential units and several hundred elevated apartment residences. outdoor dining areas, large sky decks, a landscaped pool with private cabanas and spa terraces, clubroom, screening rooms, fitness studios, pet spas, secure bicycle and vehicle parking, and more. Also included will be a 40-acre retail site, 2 public parks, a water quality storm management arroyo park, a 5-acre recreational passive lake, an elementary school, a casino, a hotel, and 3 huge parking structures,  American Airlines Plaza,  25 acres of public parks, 17,000 parking space structures outside of the complex. To learn more about the Hollywood Park complex and SoFi Stadium, please visit www.hollywoodparklife.com

Inglewood properties for sale: 24 SFRs, 23 condos and townhouses, 25 multi-units, 6 commercial buildings. All from $400k to $30 M. One particular property just came on the market: an 80-unit apartment building with a negotiable $30M list price. For group buyers I can create a syndicate. It is in excellent condition.

MANHATTAN BEACH – Inventory is still very low, but there are still quite a few choices. Particularly interesting are 10 oceanfront luxury homes for sale, and I will be glad to send the details and photos. This upscale resort town is an exceptionally attractive investment area because property values continue increasing faster than any Southern California city. The reasons: the desirability of the area, scarcity of buildable land, continually more demand than supply, upscale city and downtown area, top-rated public and private schools, and the most beautiful and pristine beach. Ten-minute drive to LAX, 15 minutes to SoFi Stadium, 25 minutes to DTLA. For reasons why Manhattan Beach is so desirable, click “Blog” and click “Manhattan Beach -- 16 reasons to live here.”

Manhattan Beach properties for sale: 41 SFRs, 9 townhouses, 3 condos, 16 multi-units, 2 commercial buildings,  All from $1.1M to $25M. If you want info on 10 selected oceanfront luxury homes, just ask. ALSO, there is a for-sale-by-owner (fsbo) double-wide flat lot that just became available. Ocean views even from the ground, and the neighborhood is very desirable. 2 1/2 short blocks from The Strand and beach. A five-minute drive or bike ride will take you to the heart of downtown. Or walk to local restaurants and shopping. The lot is at the top of an oceanview hill and is "build-ready" for two side-by-side houses. The asking price is a negotiable $6.2M. I have info that will help me drive down the price for the buyer whom I will represent. Details upon request. Each house will allow an ADU. Please note: one of my Realtor friends made a video: https://www.mbconfidential.com/?gclid=CjwKCAjwyIKJBhBPEiwAu7zll30SwH1NK_YaGeqTqOMjM3hCR9sMK0tN7l9JEGXEXY3wFilYIrmWkhoCELoQAvD_BwE  After clicking the link scroll down to the video and click the Sand Section video to learn more about Manhattan Beach.

P.S. If you are interested in Beverly Hills, I am working with four highly motivated for-sale-by-owner (fsbo) sellers. I will send the info if you like. All four are ripe for low offers. For more information please contact me via cell phone, text, or email. One house is a teardown or major renovation project on N. Rexford and a five-minute walk to the Rodeo Drive Shopping District.

Flavia Brown, Realtor® (17 years)
CalDRE #01729313
Realty One Group United
homesbyflavia@gmail.com
homesbyflavia.com
310-702-6335 (cell/text)


 

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