$1,895,000
bedrooms
11
bathrooms
0
square feet
2,678
Acreage
0.1838
Open Houses
-
year built
1910
Full Baths
0
Half Baths
0
We are pleased to offer the opportunity to acquire this ten (10) unit multifamily investment opportunity located in the heart of Inglewood. This investment was constructed of wood frame and stucco on a raised foundation built in 1910 with a square footage of 2,678 on a 8,005-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eight (8) studio units, one (1) 2+1 single family residence, and one (1) 1+1 unit. The investment is 100% occupied with a gross income of $15,147/month. There's approximately 25% potential upside in rents, which an investor can achieve closer to about $19,500/month. The investment is currently priced at a 7.25% Cap Rate & 10x GRM. Excellent cash-flow opportunity.
| Location | |
| Subdivision | - |
| County | Los Angeles |
| Elementary School | - |
| Middle School | - |
| High School | - |
Exact location data not provided
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 24-470935
Listing agent:
Davis Saadian
Listing broker:
Keller Williams Santa Monica
(310) 482-2200
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, January 1 2025 at 3:05 a.m. EST
Kotohomes National