$1,500,000
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.
Listed by Melissa Barlow with Elite Representation Real Estate (310) 800-1608
Property Type
Residential Income
Status
Active
MLS Number
24425825
Year Built
1955
Lot Size
6,704 sq ft
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2414 W 85th St, Inglewood
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