$1,750,000
$1,900,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
6,830 SqFt
SOLD DATE : 08/05/2021
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,830 sqft
Price per Sqft $256
MLS Listing ID 21714830
Sold Date 08/05/21
HOA Y/N No
Year Built 1960
Lot Size 8,276 Sqft
Acres 0.19
Property Description
-Located within a Half-Mile of SoFi Stadium & The Forum -Less Than 1-Mile from the Proposed $1.2 Billion Clippers Arena -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station and Hollywood Park Development -Outstanding Unit Mix -All Tenants are Current on Rent -Approximately 42% in Projected Rental Upside -6.46% Pro-Forma Cap Rate & 10.79 Pro-Forma GRM -Close Proximity to Retail Shops, Dining & Entertainment of Manchester Boulevard & La Brea Avenue -Approximately 2.5-Miles from SpaceX Headquarters & Tesla Design Center -Newer Windows, Sound Insulation Retrofit for AC/Heater Units, Newly Painted Building, 7 Parking Spaces & On-Site Laundry Facility -SoFi Stadium Scheduled to Host Superbowl LVI in 2022 and Opening & Closing Ceremonies for 2028 Olympics -Clippers Arena Projected to Open for 2024-2025 NBA Season
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Parking Type Assigned
Building
Story 2
Others
Senior Community No
Tax ID 4021042003
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Shield CRE, Inc.