Excellent prime investment opportunity in the City of Inglewood with approximately 25% upside. This property has been well maintained and a full exterior paint job was just completed. The property previously had airport soundproofing work done which included central air and heat installation, new windows, new doors, and new insulation… Read More for every unit. This is a beautiful property that is low-maintenance. Units are under City of Inglewood rent control. The new owner can increase rents over the allowable amount by utilizing the"below market rate rent increase request" option. Own a wonderful property near everything great about the City of Champions such as SoFi Stadium, Clippers Arena, theForum, healthcare, transportation, and more new venues to come. Do not disturb occupants. Read Less
Property listed by Elite Representation Real Estate, Melissa Barlow 310-259-7556
Listing Snapshot
Days Online
733
Last Updated
Beds
6
3/4 Baths
5
Square Ft.
3,400
Lot Size
0.15 Acres
Year Built
1955
MLS Number
24425825
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1955, Living area: 3400.0, 1 building, 2 stories, Levels: Two, Construction Materials: Stucco
Community
Gated
Cooling
CentralAir
Disclosures
RentControl
Fireplaces
None
Floors
Carpet, Laminate, Tile
Foundation
Raised
Garage
5 spaces
Heating
Central
Income
Gross Income: $99,697, Net Operating Income: $55,063
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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