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$1,500,000
Est. payment /mo
3,400 SqFt
UPDATED:
08/17/2024 04:55 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $441
MLS Listing ID CL24425825
HOA Y/N No
Year Built 1955
Lot Size 6,704 Sqft
Acres 0.15
Property Description
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 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.
Location
State CA
County Los Angeles
Area Listing
Zoning INR3
Interior
Heating Other
Cooling Central Air
Flooring Laminate, Tile, Carpet
Fireplace No
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Lot Description Other
Water Public, Other
New Construction No
Others
Tax ID 4030032018
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Listed by Melissa Barlow • Elite Representation Real Estate