$500,000
$550,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
6,882 Sqft Lot
SOLD DATE : 09/14/2012
Key Details
Sold Price $500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P814858
Sold Date 09/14/12
HOA Y/N No
Year Built 1955
Lot Size 6,882 Sqft
Property Description
This 5-unit apartment building is located just off Crenshaw Blvd on 10th Ave. and is located across the street from Morningside High School. This investment opportunity 5-units on one large 6,913 sq. ft. lot. Four of the units have two bedrooms and one bath & one unit has one bedroom and one bath. The rents are significantly below market and be raised to increase monthly cash flow. This property is being offered for sale at $550,000 which is $110,000/unit, $132.47/sq. ft. and a 10.02 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 5
Private Pool No
Others
Senior Community No
Tax ID 4030007011
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
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