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$1,550,000
Est. payment /mo
11 Beds
11 Baths
5,435 SqFt
UPDATED:
09/30/2024 06:51 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,435 sqft
Price per Sqft $285
MLS Listing ID 24355997
Bedrooms 11
HOA Y/N No
Year Built 1966
Lot Size 7,501 Sqft
Property Description
Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) | 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit | Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify | Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify | Large 7,501-SF Lot | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 | Private Balconies & On-Site Laundry Facility | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning LAR1
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Carport, Garage
Garage Spaces 2.0
Carport Spaces 6
Garage Description 2.0
Parking Type Carport, Garage
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4017006021
Special Listing Condition Standard
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Listed by Jonathan Nikfarjam • Shield CRE, Inc.