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Updated 4 months ago,
Sell or Keep property-Inglewood
Hello,
I have a single family residential rental property in Inglewood that is about a block from the new SOFI stadium. The new Clippers Stadium is literally in my back yard. Investors are buying the property in the area and have bought the apartment complex next to my property and several houses down. The plan is to build a hotel I believe. I have recieved an offer for 700k for my property (which is about market value) for my property. I’m not sure if I should accept the offer and roll my equity in a new property or just sit tight and see what happens? My concern is, not being able to rent or sell the property in the future due to the Stadium in the backyard and possible Hotel next door. Advice please!!!