$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
Listing Status Sold
Purchase Type For Sale
Square Footage 8,547 sqft
Price per Sqft $301
MLS Listing ID 23303419
Sold Date 12/15/23
Bedrooms 16
HOA Y/N No
Year Built 1961
Lot Size 9,626 Sqft
Acres 0.221
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
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Flooring Vinyl
Fireplace No
Laundry Laundry Room
Exterior
Garage Carport, Garage
Garage Spaces 4.0
Carport Spaces 5
Garage Description 4.0
Porch Open, Patio
Parking Type Carport, Garage
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4021037027
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • 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! "