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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,315,000

Est. payment - /mo

6,011 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26046778

HOA Y/N No

Year Built 1956

Lot Size 6,011 Sqft

Property Sub-Type Apartment

Property Description

Exceptional investment opportunity in one of Inglewood's most sought-after locations, just blocks from Intuit Dome, SoFi Stadium, YouTube Theater at Hollywood Park. This well-maintained property has benefited from the Inglewood Sound Abatement Program, with upgrades including updated electrical, new dual-pane windows, new doors and new AC units in are unit. The property features an excellent unit mix: (1) 3b/2b, (2) 2b/1b, (2) 1b/1b, offering strong tenant demand and income stability. Currently operating at an attractive 11.04 GRM & 5.92% Cap Rate, with approximately 13% rental upside, presenting investors with immediate cash flow. Offering Memorandum attached with detailed rent roll, expense breakdown, and additional property information. ADJACENT 5-UNIT PROPERTY ALSO AVAILABLE FOR SALE: 10630 Crenshaw Blvd, presenting a rare opportunity to acquire 10 units side-by-side in a rapidly appreciating Inglewood submarket.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4030031038

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Michael Padilla Lyon Stahl Investment Real Estate, Inc. 310-420-2541, DRE #01993341

NEARBY SCHOOL & BUSINESS

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10634 Crenshaw Blvd Inglewood, CA 90303