Description
Attention Developers/Investors in the Inglewood region! Priced for a quick sale! 1.5 miles from the Sofi Stadium. Two buildings on an R3 lot! Front bldg: Divided into 4 units . (All are studios. One has kitchen.) Rear building: Five units. Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft ...Opportunity galore! Cap rate 5.53% when fully rented. Cap rate with two vacant units: 2.54% Sold as is in its current condition. Sold for land value.
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6BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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3,008SQFT
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$365$/SQFT
School Ratings & Info
Description
Attention Developers/Investors in the Inglewood region! Priced for a quick sale! 1.5 miles from the Sofi Stadium. Two buildings on an R3 lot! Front bldg: Divided into 4 units . (All are studios. One has kitchen.) Rear building: Five units. Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft ...Opportunity galore! Cap rate 5.53% when fully rented. Cap rate with two vacant units: 2.54% Sold as is in its current condition. Sold for land value.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. 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 Nest Real Estate. Licensed in the State of California, USA.