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    11124 S Inglewood Avenue

    Inglewood, CA 90304
    • $1,250,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: SB21019932
    UPDATED: 58 min ago
    $1,250,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,400
      SQFT
    • $368
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    LOCATION LOCATION LOCATION! Although zoned Commercial it has long been used as multi-units. This extremely well maintained 5 unit residential income property has many upgrades. This prime location, 1/2 mile north of Imperial Blvd, is super convenient to LAX, the South Bay, public transportation, the 405, 105, Space X, SoFi stadium, the Forum, the NFL Network, the Clipper Stadium site, and only 5 miles to Dockwieller Beach. This is an incredible opportunity to acquire an investment property in rapidly developing Inglewood, home to the Los Angeles Rams, and Chargers. Beautiful sunset skies and ocean breezes.Long-time tenants pay very low rent. (1ea)- 2 bedroom 1 bath, and (4ea) - 1 bedroom 1 bath units, each with bathtubs, washer dryer hook-ups and private garages. Wonderful units have spacious kitchens and security windows and doors. The roof was recently replaced as well as 5 new garage doors, and 2 of the 3 sets of stairs were replaced in 2020. Decorative wrought railing and fencing. Did I mention a GREAT LOCATION?

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-10T07:29:04.933. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/113912921
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    11124 S Inglewood Avenue Inglewood, CA 90304

    • Price: $1,250,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: SB21019932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,400
    SQFT
    $368
    $/SQFT
    1954
    Built
    Neighborhood:
    105 - Lennox
    County:
    Los Angeles
    Area:
    105 - Lennox
    Property Description
    LOCATION LOCATION LOCATION! Although zoned Commercial it has long been used as multi-units. This extremely well maintained 5 unit residential income property has many upgrades. This prime location, 1/2 mile north of Imperial Blvd, is super convenient to LAX, the South Bay, public transportation, the 405, 105, Space X, SoFi stadium, the Forum, the NFL Network, the Clipper Stadium site, and only 5 miles to Dockwieller Beach. This is an incredible opportunity to acquire an investment property in rapidly developing Inglewood, home to the Los Angeles Rams, and Chargers. Beautiful sunset skies and ocean breezes.Long-time tenants pay very low rent. (1ea)- 2 bedroom 1 bath, and (4ea) - 1 bedroom 1 bath units, each with bathtubs, washer dryer hook-ups and private garages. Wonderful units have spacious kitchens and security windows and doors. The roof was recently replaced as well as 5 new garage doors, and 2 of the 3 sets of stairs were replaced in 2020. Decorative wrought railing and fencing. Did I mention a GREAT LOCATION?
    Exterior Features

    Fence YN Yes Fencing Wrought Iron Garage Spaces 5.00 Lot Features Rectangular LotLevel Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Faces Front Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asphalt

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 700 Average1 Bed Area Units Square Feet Average2 Bed Area 800 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features BathLiving Room Fireplace YN Yes Flooring CarpetLaminateTile Laundry Features InsideWasher Hookup Levels Two Room Type See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Current Financing None Electric Expense 276.00 Elevation Units Feet Gardener Expense 780.00 Gross Income 44500.00 Gross Operating Income 44500.00 Gross Scheduled Income 44500.00 Insurance Expense 2287.00 Land Lease YN No Laundry YN Yes Licenses Expense 189.00 Net Operating Income 39217.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 5263.00 Professional Management Expense 0.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3350.00 Total Expenses 5263.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1920.00 Water Source Public Year Built Source Assessor Zoning Lcc2yy

    Listing provided courtesy of Lisa Mescher of Lisa Mescher, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-10T07:29:04.933. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Temecula CA, 92592