Remarks

Featuring seven spacious townhome-style units, this apartment building in the heart of Inglewood presents a compelling investment opportunity for those seeking a high-performing asset. Renovated just five years ago, the contemporary upgrades, abundant natural light, and prime location will appeal to the most discerning tenants, increasing your bottom line. Tenants will feel safe and secure with gated entry and secure parking, while the upgraded stylish units provide a welcoming and comfortable living space that they are proud to call "home."

The extensive remodel included the installation of new double-paned vinyl windows, central air conditioning in each unit, stainless steel appliances, custom-made cabinets, quartz countertops, and vinyl wood flooring. Each unit is also equipped with a Nest Thermostat and new cable/Cat 5 wiring, and the building features a new commercial water heater. The exterior of the building has been revamped with new paint, farmhouse-weathered cedar siding, an intercom entry system, security cameras, gates, and a new gate motor with an electric eye and RFID cards.

This property offers easy access to various transportation hubs, local Inglewood attractions, restaurants, and shopping opportunities. Residents can enjoy events at the nearby Beckman YOLA Center, the iconic Kia Forum, SoFi Stadium, and YouTube Theater. Additionally, the property is only three miles from LAX and five and a half miles from the beach.

Investing in this property is a lucrative opportunity for savvy buyers seeking long-term growth and profitability in a thriving neighborhood in the "City of Champions." With a portfolio addition as impressive as this, you can be confident in your investment decision.

The seller also has two additional multi-family income properties available in Inglewood: SB24149403 9725 Crenshaw Blvd (a fourplex with 2-bed/1-bath units) and SB24148750 2614 W Manchester Blvd. (a mixed-use property with a storefront and two 1-bed/1-bath residential units). Purchasing these three properties together could offer cost savings or increased investment returns.

We invite you to explore these possibilities further and schedule your private tour today.

Details

MLS#: SB24162995
Price: $3,250,000

Sq Ft: 7280.00
Year Built: 1987

County: Los Angeles