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Michelle Esquivel
michelle@michellehomesellingteam.com$ 2,100,000
Est. payment | /mo
8,803 Sqft Lot
$ 2,100,000
Est. payment | /mo
8,803 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB24189497
HOA Y/N No
Year Built 1964
Lot Size 8,803 Sqft
Property Description
ONLY $233,333/UNIT AND $212/SQ FT FOR PRIME INGLEWOOD. Huge 9 units that average over 1,000 sq feet each. Ideally located off the 405 and just north of Manchester Blvd. SoFi Stadium, The Forum, the You Tube Theater and brand new Intuit Dome all in close proximity. Significant upside of over 50% at conservative market rents. Subject to City of Inglewood Rent Control. Excellent unit mix consisting of (2) 1 Bedroom, (5) 2 Bedrooms and (2) 3 Bedrooms.....front 3 BR is townhouse style. Units have updated patios, 4 units have been remodeled with laminate flooring, new cabinets, dishwashers, ceiling fans and more. The roof is newer and the vertical plumbing lines have also been replaced. All units are individually metered for gas and electricity. There is one water heater in the common area laundry room which services all units, one washer and one dryer with leased machines. There is also ample onsite parking including a two car garage in the rear of the property currently being used as storage by owner/management. The property is professionally managed but does have some deferred maintenance.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR4*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Suburban
Total Parking Spaces 9
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4020007060
Energy Description 1.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Brian Estes • Re/Max Commercial & Investment • 310-963-2894
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA