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Key Details
Sold Price $2,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,547 sqft
Price per Sqft $301
MLS Listing ID 23303419
Bedrooms 16
Year Built 1961
Lot Size 9,626 Sqft
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 101 - North Inglewood
Zoning INR3YY
Interior
Flooring Vinyl
Laundry Laundry Room
Exterior
Parking Features Carport, Garage
Garage Spaces 4.0
Garage Description 4.0
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Shield CRE, Inc.