We are pleased to present 315 W. Queen Street, a four-unit multifamily investment opportunity in the heart of Inglewood. This well-positioned property offers 2,666 SF of living space on a massive 11,548 SF lot, providing rare scale and significant long-term upside in one of Southern California's fastest-growing cities.The building features… Read More a desirable unit mix of two 2-bed / 1-bath units and two 1-bed / 1-bath units. The property is fully occupied, generating $7,776 per month in gross income and priced at a 6.0% cap rate, delivering stable, in-place cash flow from day one. The exceptionally large lot also offers compelling potential for additional development, including ADUs, to further enhance income and value. Located in the epicenter of Inglewood's transformation, the property sits minutes from SoFi Stadium, the Intuit Dome, the Kia Forum, and the forthcoming Inglewood Transit Connector, with LAX and major employment hubs close by. As the city continues to attract billions in investment and prepares to host marquee global events, this is a prime opportunity to acquire a high-quality, value-add asset in a market on the rise. Read Less
Property listed by Keller Williams Hollywood Hills, Davis Saadian 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
6
Square Ft.
2,666
Lot Size
0.27 Acres
Year Built
1940
MLS Number
26849765
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1940, Living area: 2666.0, 2 buildings, 2 stories, Levels: One
Income
Gross Income: $93,312, Net Operating Income: $67,888
Lot
0.2652 acres
Parking
5 total parking spaces, Garage
Taxes
Parcel Number: 4020007033, Zoning: INR4*
Find The Perfect Home
'VIP' Listing Search
Join our email list to have access to the best off market listings in Los Angeles.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
Michael Harby
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
