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Key Details
Sold Price $2,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14211848
Sold Date 01/15/15
HOA Y/N No
Year Built 1963
Lot Size 0.460 Acres
Property Description
An outstanding 16-unit apartment complex in Northwest Inglewood, California. Situated on a 20,029 square foot lot, the building consists of an excellent unit mix of three 2 bedroom/2 bathroom units, seven 2 bedroom/1.75 bathroom units, and six 1 bedroom/1 bathroom units.
Over half of the units have been completely rehabbed with new paint, vinyl “wood” flooring, cabinetry, ceiling fans, kitchen counter tops, and bathroom vanities. The building also boasts new exterior paint, a newer roof, and mostly copper plumbing throughout. All of the units are individually metered for gas and electricity. There is on-site parking available to the rear of the building as well as an on-site laundry room, for tenant convenience.
The building is centrally located near Inglewood's main retail corridor off Century Boulevard and the Betfair Hollywood Park area. The recent closure of the park will make room for 3,000 new housing units, including single-family townhomes and condos; 25 acres of parkland, including a 10-acre central park; and a retail and entertainment district, anchored by a movie theater, office space and a 300-room hotel.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected
Total Parking Spaces 26
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 4017018006
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Financing Assumed
Special Listing Condition Standard
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Bought with Larry Cannizzaro • Beitler Commercial Realty Serv