Description
Opportunity knocks at a great price for this 5 unit building in a premium location of Inglewood. Two, 2 bedroom units, three, 1 bedroom units all spacious and maintained. The building offers secured entry, boasts a private garage and on-site paid laundry for additional income. A short bike ride to SOFI stadium, LA Stadium and Entertainment District at Hollywood Park, and ONLY 1 MILE to SpaceX. Conveniently located near the 105, 110 405 freeways, LAX, 15 minutes to the ocean. This property has the potential to be a cash cow with over $120,000 GOI! All tenants are month to month and ++Owner pays gas and electric for laundry/common area. Seller will be completing a 1031 exchange at no cost to the buyer. Gross Operating income reflected is assuming the 1 bedroom unit under eviction, is re rented by the buyer at $1895.Broker and agents do not represent or guarantee the accuracy of the square footage, condition, income, expenses, rent projections, bedroom/ bathroom count, ;lot size or lot lines/ dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. Square footage is estimated, there are no warranties or guarantees, buyer to rely solely on his/her own findings. Offer STI required to walk through the property.
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7BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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3,913SQFT
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$294$/SQFT
School Ratings & Info
Description
Opportunity knocks at a great price for this 5 unit building in a premium location of Inglewood. Two, 2 bedroom units, three, 1 bedroom units all spacious and maintained. The building offers secured entry, boasts a private garage and on-site paid laundry for additional income. A short bike ride to SOFI stadium, LA Stadium and Entertainment District at Hollywood Park, and ONLY 1 MILE to SpaceX. Conveniently located near the 105, 110 405 freeways, LAX, 15 minutes to the ocean. This property has the potential to be a cash cow with over $120,000 GOI! All tenants are month to month and ++Owner pays gas and electric for laundry/common area. Seller will be completing a 1031 exchange at no cost to the buyer. Gross Operating income reflected is assuming the 1 bedroom unit under eviction, is re rented by the buyer at $1895.Broker and agents do not represent or guarantee the accuracy of the square footage, condition, income, expenses, rent projections, bedroom/ bathroom count, ;lot size or lot lines/ dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. Square footage is estimated, there are no warranties or guarantees, buyer to rely solely on his/her own findings. Offer STI required to walk through the property.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T07:37:15.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.