Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

5

Building size

4,447 sqft

Lot size

5,990 sqft

Year built

1962

Stories

2

Heating

Wall Furnace

Pool

None

View

None

Status

Active

Days on market

333

MLS #

237532607

About this property

Investment Opportunity in Inglewood. This 5-unit complex is centrally located in Inglewood, featuring a desirable mix of residential units: two spacious 2-bedroom apartments and three cozy 1-bedroom apartments. One 1-bedroom unit will be vacant at closing, providing immediate rental income potential for the new owner. The property is secured by an electric gate for enhanced privacy and safety. It includes five dedicated parking spaces with additional storage, adding convenience for residents. There's also a laundry room currently used by the owner, with potential for conversion into a community laundry facility, further increasing tenant appeal. With a surveillance system in place, both residents and owners benefit from increased security. The complex's prime location just minutes from LAX, local beaches, SoFi Stadium, and Intuit Dome offers a vibrant lifestyle, making it an attractive rental option. Don't miss this opportunity!

Location

216 S Inglewood Avenue

Inglewood, Los Angeles, CA, 90301