We are proud to present this 7-unit apartment in the highly desirable northwest Inglewood area! This property offers a unique opportunity to acquire the perfect value-add investment opportunity in the City of Champions! On the market for the first time in over 50 years, the offering features a total of… Read More 7 apartment units consisting of 4,651 total building square feet sitting on a large 12,480 square foot lot. The unit mix comprises of seven 1-bedroom/1-bathroom units. In the back, there are 2 single car garages, 5 carports and 3 open spaces. Electricity and gas are individually metered for each unit keeping utility costs relatively low. The garages could be converted into ADUs (buyer to confirm with city of Inglewood). All tenants are month to month at the property allowing for flexibility for a new owner. Sitting just south of Centinela Ave and west of La Brea Ave, this area of Inglewood is the most desirable pocket of the city. Single family homes north of Centinela sell for $1M+, making this opportunity highly attractive for long-term holders and value-add investors. Do not miss your opportunity to acquire this incredible property in the city of Inglewood! Read Less
Listing Snapshot
Days Online
120
Last Updated
Property Type
Other
Beds
7
Square Ft.
4,651
Lot Size
0.29 Acres
Year Built
1940
MLS Number
25484445
30 Days Snapshot Of 90302
$643k
-23%
(avg) sold price
2
-66%
homes sold
211
+313%
(avg) days on market
Snapshot
Area Map
Additional Details
Parking
Uncovered, 10 totals parking, Carport, Garage
Building
Built in 1940, Building area total: 4,651, Levels: Two, Living area: 4651, 2 stories, 2 buildings
Cooling
None
Income
Gross income: $92,400, Net operating income: $48,545
Laundry
None
Lot
0.2865 acres, 12,480 square feet, Size: 12,480
Pool
None
Property
Zoning: INP1YY
Tenant Pays
Electricity, Gas
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
