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

8

Building size

3,744 sqft

Lot size

6,004 sqft

Year built

1954

Stories

2

Heating

Natural Gas

Cooling

None

Status

Active

Days on market

1

MLS #

249173409

About this property

We are pleased to present 10050 S Western Ave, an 8-unit apartment building built in 1954 in South Los Angeles. The property consists entirely of 1 bedroom 1 bath units, 4 of which are vacant, offering immediate upside for an investor. The vacant units are rent-ready and have been partially renovated, with new flooring and partial kitchen and bathroom upgrades. The building passed its city code enforcement inspection three months ago, which repeats about every four years, and passed the state-required balcony inspection. The roof was also upgraded with a white silicone coating and torch-applied repairs. 90% of the building has updated copper plumbing. There are 8 parking spaces in the rear with a security gate. Situated 2.2 miles east of Inglewood's Sports & Entertainment District include Sofi Stadium, Intuit Dome, and Kia Forum (straight shot on Century Blvd.)

Location

10050 S Western Avenue

Los Angeles, Los Angeles, CA, 90047