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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
Interior
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Parking Features Carport, Garage
Garage Spaces 2.0
Carport Spaces 6
Garage Description 2.0
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.