$1,295,000
Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.
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240 E Ivy Ave, Inglewood
Listed by Stacy Roth with Coldwell Banker Realty
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2414 W 85th St, Inglewood
Listed by John Katnik with BRC Advisors- BH
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9328 Crenshaw Blvd, Inglewood
Listed by Regina Hooks with Robert Pitts Luxury Estates
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1010 E 67th St, Inglewood
Listed by Ricardo Curtis with Jacob, Christopher & Lee Rlty
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831 Centinela Ave, Inglewood
Listed by Jonathan Nikfarjam with Shield CRE, Inc.
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10632 Crenshaw Blvd, Inglewood
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
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10636 Crenshaw Blvd, Inglewood
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
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145 W Hillcrest Blvd, Inglewood
Listed by Brett Lyon with Lyon Stahl Investment Real Estate, Inc.