$1,350,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
4,166 SqFt
SOLD DATE : 06/18/2021
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,166 sqft
Price per Sqft $324
MLS Listing ID PF21091321
Sold Date 06/18/21
HOA Y/N No
Year Built 1949
Lot Size 10,454 Sqft
Acres 0.24
Property Description
5 Unit investment property located only six blocks from SOFi stadium!
With an Inglewood address in close proximity to all of the new restaurants and businesses that came on the heels of the new stadium, this meticulously maintained five unit property is a great turnkey option for any investor. Four units are newly remodeled. Two buildings have new roofs and all of the landscaping has been recently reimagined. Four of the five are currently tenant occupied leaving one unit ready to be owner occupied or filled taking advantage of current market rental values. Situated on a more than 10,000 square foot lot, the stunning curb appeal makes these units highly sought after by renters and all come with the convenience of a private garage not to mention six additional parking spaces on the property.
With a 4.4 cap rate, this is a great opportunity for an investor looking for a well maintained property in a thriving market!
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR2YY
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Central
Fireplace No
Laundry Inside
Exterior
Garage Driveway, Garage, Paved
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Parking Type Driveway, Garage, Paved
Total Parking Spaces 5
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4034028027
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Noe Blanco • RE/MAX Alliance Group