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

0

Heating

Wall Furnace

Status

Active

Days on market

0

MLS #

248824201

About this property

Investment Opportunity in Inglewood! 5-unit complex is located and features a desirable unit mix of two spacious 2-bedroom apartments and three comfortable 1-bedroom apartments. One 1-bedroom unit will be delivered vacant at closing, offering immediate rental income potential for the new owner. The property is secured with an electric gate for added privacy and security. Residents enjoy five dedicated parking spaces with additional storage for extra convenience. A laundry room currently used by the owner presents an opportunity to convert it into a community laundry facility, enhancing tenant appeal. The property also includes a surveillance system for added peace of mind. Ideally situated just minutes from LAX, local beaches, SoFi Stadium, and Intuit Dome, this property offers strong rental demand and excellent upside potential.

Location

216 S Inglewood Avenue

Inglewood, Los Angeles, CA, 90301