
Description
100% Collections during COVID *Unique unit mix of nine 1+1; and four 2+1 (the following four units are bungalows: #3, #4, #5 and #6) *Minutes to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024), and Centinela Hospital Medical Center *Over One-Half Acre of Land (24,311 SF); Future Development Potential (INR3YY zoning) *Upgraded Community includes New Exterior Paint, Landscaping, and Conversion of a Garage to a Large Leasing Office with Bathroom *7 out 15 units have been renovated with quartz countertops and stainless-steel appliances; built-in microwaves *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
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18BEDS
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0.56ACRES
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0BATHS
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01/2 BATHS
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10,106SQFT
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$406$/SQFT
School Ratings & Info
Description
100% Collections during COVID *Unique unit mix of nine 1+1; and four 2+1 (the following four units are bungalows: #3, #4, #5 and #6) *Minutes to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024), and Centinela Hospital Medical Center *Over One-Half Acre of Land (24,311 SF); Future Development Potential (INR3YY zoning) *Upgraded Community includes New Exterior Paint, Landscaping, and Conversion of a Garage to a Large Leasing Office with Bathroom *7 out 15 units have been renovated with quartz countertops and stainless-steel appliances; built-in microwaves *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-30T00:31:05.86. 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.