Opportunity comes knocking...This is a multi- unit property with 4 separate dwellings including 4 car detached garage. Street to alley access. This property will attract the flipper, investor (8 CAP rate at current rents creates value north of $1M, keep increasing the rent annually at the City's maximum amount until… Read More at market rates to create annual property value increase; or completely re-develop, like other neighbors have, into an 7-8 unit complex! Fantastic financial opportunity.Zoned R3, check with the City of Inglewood for future development opportunities. Located in the highly desirable section of N. Inglewood, close to So-Fi stadium. Property being sold in its present condition; seller will make NO repairs and NO termite clearance. Offers must include pre-approval and verification of cash to close. Seller to choose all services.
Buyers to cooperate with seller 1031 exchange.. Read Less
Property listed by Beach City Brokers, John Skulick 310-259-7556
Listing Snapshot
Days Online
144
Last Updated
Property Type
Quadruplex
Lot Size
0.22 Acres
Year Built
1910
MLS Number
SB26017488
Additional Details
Building
Built in 1910, 4 buildings, 1 storey, Entry level: 1, Entry location: main
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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