10242 S 10th AVE, Inglewood, CA 90303
10242 S 10th AVE, Inglewood, CA 90303
10242 S 10th AVE, Inglewood, CA 90303
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,295,000
Est. payment /mo
9 Beds
5 Baths
4,152 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,152 sqft

Price per Sqft $311

MLS Listing ID 26872231

Bedrooms 9

HOA Y/N No

Year Built 1955

Lot Size 6,895 Sqft

Property Description

Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INM1L*

Interior

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 5.0

Garage Description 5.0

Total Parking Spaces 5

Building

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 4030007011

Special Listing Condition Standard

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Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803

NEARBY SCHOOL & BUSINESS

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