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    10330 S Inglewood Avenue

    Inglewood, CA 90304
    • $1,250,000
    • STATUS: Active
    • ON SITE: 149 days
    • ID#: OC21090294
    UPDATED: 81 min ago
    $1,250,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Please do not disturb Tenants. Drive-by only.DONT miss this incredible income property with 4 units! NO RENT CONTROL. PRIME LOCATION! Close to Rams Football SoFi Stadium, LAX, The Forum, Hollywood Park Casino, and much more. Easy access to major freeways 105, 405, and 110. There are 2 buildings: Building #1 - 2 units. Each unit has 2 bedrooms and 1 full bath and haft bath downstairs. Building #2 - 2 units. Each unit has 2 bedrooms and 1 bathroom. Long-time tenants. Rents are way under the market price. CAP Rate of 5% currently. New owners can easily increase the rent to get to a Pro Forma CAP Rate of 7%. Each unit comes with a carport space located in the back of the building and 1 additional carport is renting to the tenant. All units are in good condition. The property is 100% occupied and will be delivered As-Is at the close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-26T22:25:30.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
    www.buysocal.homes/homes/116567418
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    10330 S Inglewood Avenue Inglewood, CA 90304

    • Price: $1,250,000
    • Status: Active
    • Updated: 81 min ago
    • ID#: OC21090294
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1963
    Built
    Neighborhood:
    102 - South Inglewood
    County:
    Los Angeles
    Area:
    102 - South Inglewood
    Property Description
    Please do not disturb Tenants. Drive-by only.DONT miss this incredible income property with 4 units! NO RENT CONTROL. PRIME LOCATION! Close to Rams Football SoFi Stadium, LAX, The Forum, Hollywood Park Casino, and much more. Easy access to major freeways 105, 405, and 110. There are 2 buildings: Building #1 - 2 units. Each unit has 2 bedrooms and 1 full bath and haft bath downstairs. Building #2 - 2 units. Each unit has 2 bedrooms and 1 bathroom. Long-time tenants. Rents are way under the market price. CAP Rate of 5% currently. New owners can easily increase the rent to get to a Pro Forma CAP Rate of 7%. Each unit comes with a carport space located in the back of the building and 1 additional carport is renting to the tenant. All units are in good condition. The property is 100% occupied and will be delivered As-Is at the close of escrow.
    Exterior Features

    Carport Spaces 5 Carport YN Yes Lot Features Back YardFlag LotStreet Level Number Of Separate Electric Meters 4 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Roof Shingle

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 65580 Gross Scheduled Income 65580 Insurance Expense 1000 Land Lease YN No Laundry Features Gas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 49651 New Construction YN No New Taxes Expense 11429 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 15929 Property Sub Type Quadruplex Rent Control YN No Security Features Security Gate Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasHvac MaintenanceTelephone Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 3500 Water Source Public Zoning Lcc2yy

    Listing provided courtesy of Quyen Tonnu of Professional R.E. Center, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-26T22:25:30.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
     
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