$2,477,500
$2,950,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
0.45 Acres Lot
SOLD DATE : 04/24/2014
Key Details
Sold Price $2,477,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW13202148
Sold Date 04/24/14
HOA Y/N No
Year Built 1956
Tax Year 2012
Lot Size 0.447 Acres
Property Description
Great corner location can advertise to Crenshaw and Century Bl drivers. Major shopping developments at this location. Walk to Target, Home Depot, Bed,Bath & Beyond, Red Lobster or In-Out Burgers many additional options available within walking distance. Great structure with three 6-unit buildings combined under one APN. Each building has (4) 2-bedroom, 1-bath and (2) 3-Bedroom, 2-bath units with carports behind each. All together (12) 2-bedrooms plus (6) 3-bedroom with (18) carport spaces. Each building has upgraded electrical, windows, front doors and central air and heating. Great opportunity to purchase building with 30% upside in rents with focused upgrades. Buyer's upgrades will be rewarded with higher rents immediately. The unit mix supports the price which is excellent! Present to all your income seeking buyers.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Rooms
Other Rooms Stable(s)
Interior
Heating Combination
Cooling Central Air
Fireplace No
Exterior
Parking Features Carport
Carport Spaces 18
Fence Wrought Iron
Pool None
Community Features Urban
Utilities Available Sewer Available
Total Parking Spaces 18
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Concrete Perimeter, Raised
Water Public
Level or Stories Two
Additional Building Stable(s)
Others
Senior Community No
Tax ID 4025017016
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Brett Lyon • Keller Williams Beach Cities