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10506 S Inglewood Ave Inglewood, CA 90304
  • Price/Unit $156,094
  • Cap Rate 6.3
  • Zoning LCC2YY
  • Price/SF $306
  • GRM 10.2
  • Bldg Size 15,840 sq. ft
$4,850,000
  • Status For Sale, Price Improvement
  • Year Built 1957
  • Property Type Multi-family

About This Property

Great investment opportunity at 10506-10516 South Inglewood
Avenue! The property contains (4) buildings spread across two
separate APN's making for (2) 8 unit buildings per APN. There
are (32) total units, all of which are 1 bedroom + 1 bathroom unit
mixes. The property offers 26 parking spots in a back lot as well
as street parking in front. The Owners have added value through
the County of Los Angeles LAWA Residential Sound insulation
program, the addition of 32 carrier HVAC's, as well as sound
insulation for the roof. They have replaced the doors with Noise
rated doors and replaced all the windows with double pane
windows. The Owners also replaced the electrical panels for all
32 units. With a location in the 90304 zip code area, the property
has access to numerous restaurants on Imperial Highway as
well as Lennox Park just south of the property.

Property Details

  • Property Type

    Multi-family

  • Year Built

    1957

  • Status

    For Sale, Price Improvement

  • Price/SF Lot

    $233

  • Building Size 15,840 sq. ft
  • Lot Size 20,836 sq. ft
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