$4,700,000
$4,850,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
32 Beds
32 Baths
15,834 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $4,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,834 sqft
Price per Sqft $296
MLS Listing ID 24-346303
Sold Date 09/06/24
Bedrooms 32
Year Built 1957
Lot Size 0.478 Acres
Acres 0.2393
Property Description
*This is to be sold together with 10514 S Inglewood Ave for a total list price of $4,850,000. The APNs are 4036-030-009 and 4036-030-012. They will not be sold separately* Great investment opportunity at 10506-10516 South Inglewood Avenue! 5 units vacant, possibly more! The property contains (4) buildings spread across two separate APN's making for (2) 8 unit buildings per APN. There are (32) total units, all of which are 1 bedroom + 1 bathroom unit mixes. The property offers 26 parking spots in a back lot as well as street parking in front. The Owners have added value through the County of Los Angeles LAWA Residential Sound insulation program, the addition of 32 carrier HVAC's, as well as sound insulation for the roof. They have replaced the doors with Noise rated doors and replaced all the windows with double pane windows. The Owners also replaced the electrical panels for all32 units. With a location in the 90304 zip code area, the property has access to numerous restaurants on Imperial Highway as well as Lennox Park just south of the property.*Chase assumable loan fixed until 10/1/2025 on $1,665,179 at4.6
Location
State CA
County Los Angeles
Area Lennox
Zoning LCC2YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Central
Equipment Refrigerator, Range/Oven
Exterior
Garage Unassigned, Uncovered
Garage Spaces 13.0
Building
Story 2
Level or Stories Multi/Split, Two
Others
Special Listing Condition Standard
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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.
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