Listing Agent: Julian Barba      Broker/Office: Fathom Realty Group Inc.
254 98th Street W Inglewood CA 90301
$ 1,195,000
  6   |    4   |    2334 Sq Feet

Listing ID

#26921389

Status

Active

Property Type

Single Family Residence

Property Style

Contemporary

County

Los Angeles

Year Built

1938

Days on website

1

Description
TURNKEY INGLEWOOD HOME + INCOME-PRODUCING DETACHED ADU | FULLY FURNISHED | PERMITTED 2022 CONSTRUCTION. Welcome to 254 W. 98th Street, an exceptional turnkey opportunity offering the rare combination of a recently remodeled single-family residence and a newer, fully permitted detached ADU with its own garage. Whether you're a first-time homebuyer looking for a property that can help offset your mortgage, a multigenerational family seeking separate living spaces, or an investor looking for immediate rental income, this property offers tremendous flexibility and upside.The front residence features approximately 1,135 square feet with 3 bedrooms and 1 bathroom and has been recently remodeled and fully furnished. The home offers a comfortable, move-in-ready living environment with the opportunity for a buyer to simply bring their personal belongings and enjoy the property from day one.Behind the main residence is an impressive 1,199-square-foot detached ADU, constructed with permits in 2022, featuring 3 bedrooms and 3 bathrooms. The ADU is also fully furnished and includes its own garage, providing a highly desirable independent living arrangement and significant additional value.The ADU is currently occupied by a long-term tenant under a corporate lease generating $4,000 per month, providing an immediate income stream to the new owner. A buyer can live in the front home while the ADU income helps offset the cost of ownership of an especially attractive opportunity for a first-time buyer. The property can also appeal to experienced investors and furnished-rental operators looking for a turnkey opportunity. Subject to applicable laws, regulations, permits, HOA rules (if any), and local requirements, the fully furnished ADU provides the potential for an alternative rental strategy for an operator equipped to manage short-term or mid-term rentals. With Los Angeles County preparing to welcome the 2028 Olympic and Paralympic Games, the property's location, additional living space, furnishings, and flexible configuration could make it particularly attractive to rental operators targeting future event-driven demand.Property Highlights:* Approximately 2,334 total square feet of living space* 6 bedrooms / 4 bathrooms combined* Main home: approximately 1,135 SF | 3 BD / 1 BA* Detached ADU: approximately 1,199 SF | 3 BD / 3 BA* ADU constructed with permits in 2022* Detached ADU with garage* Both residences fully furnished* Recently remodeled main residence* ADU currently leased to a corporate tenant for $4,000/month (helps offset mortgage for FHA Buyer)* Excellent owner-occupant + rental-income opportunity* Ideal multigenerational living configuration* Potential furnished-rental opportunity for qualified operators, subject to applicable regulations* Turnkey opportunity requiring minimal immediate setupThis is more than a traditional first-time homebuyer purchase it is an opportunity to acquire a property with two independent living spaces and an existing income-producing ADU. Live in one, rent the other, accommodate extended family, or explore additional permitted rental strategies.Located in the heart of Inglewood, the property offers convenient access to major employment centers, shopping, dining, entertainment, transportation corridors, SoFi Stadium, Intuit Dome, Kia Forum, LAX, and the greater Los Angeles area. Opportunities like this are rare: a remodeled and furnished 3-bedroom home combined with a newer, permitted 3-bedroom/3-bath detached ADU, garage, furnishings, and $4,000/month corporate rental income. Come see the possibilities at 254 W. 98th St. Inglewood, CA 90301.
Location
Financial Information
List Price:  $ 1195000
Property Features
Appliances:  Dishwasher, Dryer, Microwave, Refrigerator, Washer
Construction Materials:  Stucco
Direction Faces:  North
Flooring:  Laminate
Foundation Details:  Slab
Furnished:  Furnished
Interior Features:  Furnished
Levels:  Two
Lot Features:  Landscaped
Parking Features:  Driveway, Garage
Roof:  Composition, Shingle
Senior Community YN:  false
Sewer:  Other
Window Features:  Blinds
Senior Community YN:  false
MLS Area Major:  102 - South Inglewood
City:  Inglewood
Listed By:   Julian Barba   Fathom Realty Group Inc. 
CA Lic#