1100 S Inglewood Ave, Inglewood, CA 90301
1100 S Inglewood Ave, Inglewood, CA 90301
1100 S Inglewood Ave, Inglewood, CA 90301
24
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$2,300,000
Est. payment /mo
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11 Beds
6 Baths
5,236 SqFt
Active

1100 S Inglewood Ave Inglewood, CA 90301

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,236 sqft

Price per Sqft $439

MLS Listing ID 26871137

Bedrooms 11

Year Built 1963

Lot Size 6,334 Sqft

Acres 0.1454

Property Sub-Type Multi-Family

Property Description

RARE INGLEWOOD TURN-KEY 6 UNIT MULTI-FAMILY ASSET- VACANT & REHABBED! Attention 1031 Exchange Buyers & Savvy Investors! Welcome to a literal "headache-free, maintenance-free" cash cow in the absolute heart of booming Inglewood. Situated on a prime corner lot, this immaculate 6-unit building is delivered vacant, allowing you to collect top-of-market rents on day one without any tenant displacement. Current Lease up in process for a clean, effortless portfolio addition! Projected 6.08% CAP Rate and 11.16 GRM. Unit Mix includes Five spacious 2-Bedroom / 1-Bath units, One spacious 1-Bedroom / 1-Bath unit, 11 total parking spaces (A premium mix of private garages, covered carports and uncovered spaces!). Seller currently in process of obtaining approved plans for ADU Garage Conversion to add a Jr 1bd/1ba unit generating an additional $2000/mo income. Zero Capital Expenditure Needed! This building was stripped down and completely modernized with flawless craftsmanship. Individually metered for gas and electric. We are talking all-new electrical, new plumbing, new electrical panels and wiring, new sewer line, new roof, new dual-pane windows, landscaping, in unit laundry, stainless steel appliances, and brand-new HVAC systems. It is essentially a brand-new building wrapped in a classic footprint. Because it sits on a prominent corner lot, units are flooded with buckets of natural light, offering excellent privacy and sweeping views. Located just minutes from LAX, SoFi Stadium, the Intuit Dome, the Kia Forum, and the Hollywood Park entertainment district, you are positioned directly in the path of rapid appreciation and endless tenant demand. Opportunities this clean, this upgraded, and vacant do not last in the South Bay. Come see this stunning one-of-a-kind asset while you still can! Seller reserves the right to approve applicants and execute a new lease during the marketing period.

Location

State CA

County Los Angeles

Area South Inglewood

Zoning INC2YY

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Central, Wall/Window

Equipment Washer, Range/Oven, Microwave, Garbage Disposal, Dryer, Refrigerator

Laundry In Unit

Exterior

Parking Features Carport Attached, Garage Is Attached, Driveway

Garage Spaces 11.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Whiz Realty, Inc

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent RE.S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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1100 S Inglewood Ave