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$2,350,000
Est. payment /mo
4 Beds
6 Baths
9,095 Sqft Lot
UPDATED:
08/31/2024 10:33 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24166103
Bedrooms 4
HOA Y/N No
Lot Size 9,095 Sqft
Property Description
This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.
This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.
This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more. There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.
Location
State CA
County Los Angeles
Area Inglewood (90304)
Zoning Assessor
Interior
Appliance Radiant
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Monthly Total Fees $632
Acceptable Financing Cash, Conventional, Exchange
Space Rent $3,400
Listing Terms Cash, Conventional, Exchange
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Listed by Antonio Gonzalez • West Shores Realty, Inc.
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