$800,000
$875,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
6,926 SqFt
SOLD DATE : 09/14/2012
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,926 sqft
Price per Sqft $115
MLS Listing ID P814863
Sold Date 09/14/12
HOA Y/N No
Year Built 1955
Lot Size 0.322 Acres
Acres 0.322
Property Description
See attached flyer for financial details. This 8-unit apartment building is located on Crenshaw Blvd near the new retail corridor on Century Blvd. This investment opportunity is two 4-unit buildings on one large 14,031 sq. ft. lot. Every unit has two bedrooms and one bath and has access to a very large interior courtyard. The units are currently rented from $800/moth to $1,034/month leaving significant rental upside for an investor. This property is being offered for sale at $875,000 which is $109,375/unit, $126.34/sq. ft. and a 10 gross rent multiplier. This investment property will not last long!
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 8
Private Pool No
Others
Senior Community No
Tax ID 4030007009
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Martin Ensbury • RE/MAX Commercial & Inv Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "