$2,575,000
$2,785,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
12 Baths
8,547 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $2,575,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,547 sqft
Price per Sqft $301
MLS Listing ID 23-303419
Sold Date 12/15/23
Bedrooms 16
Year Built 1961
Annual Tax Amount $35,286
Lot Size 9,625 Sqft
Acres 0.2207
Property Description
Location, Location, Location! 2 Blocks from SoFi Stadium, The Forum & the Upcoming Inglewood Transit Connector (ITC) and Less Than 1 Mile from Intuit Dome (Clippers Arena) | Completely Renovated with City of Inglewood/LAX Sound Insulation Program - Double/Triple Pane Windows, All New Electrical, New Special Doors, Individual HVACs, Etc. | 5.25% Current Cap Rate & 13.24 Current GRM | Brand New Silicone Roof with 15+ Year Warranty | Desirable ADU Potential - Possibility to Add 2 ADUs (Accessory Dwelling Units) | 8,547-SF Building on Large 9,625-SF Lot | Units Upgraded with Vinyl Plank Flooring & LED Lighting | Full Copper Plumbing & Newer 100-Gallon Hot Water Heater | Approximately 23% in Rental Upside - 6.94% Pro-Forma Cap Rate & 10.76 Pro-Forma GRM | Nine Total Parking Spaces - Two Enclosed Double-Car Garages + Five Carport Spaces with Storage | Seven of the Units Contain Private Patios/Balconies | Gated Building with Intercom Access and On-Site Laundry | Spacious 2-Bedroom Unit & 3-Bedroom Unit with Washer/Dryer Hook-Ups & Private Patio/Balcony
Location
State CA
County Los Angeles
Area North Inglewood
Zoning INR3YY
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Flooring Vinyl
Equipment Intercom
Laundry Room, In Unit
Exterior
Garage Garage, Carport
Garage Spaces 9.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Shield CRE, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "