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3717 W Imperial Highway

Inglewood, CA 90303
  • $2,295,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: DW23153317
$2,295,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Victor Ambriz Jr of Keller Williams Sela (562-334-1500)


Description

Proud to represent this cash cow at a 7% Cap rate on actual rents on this 10 unit property in the Beautiful city of Inglewood. Priced to sell. Property consists of 10 separate bungalows with 4-1bedroom-1Bth units, and 6- Singles -1bth. All single story and totally rehabbed, Room to add 2 ADU's to increase income. All tents are on section 8 vouchers so Guaranteed rents. Minutes from LAX, Space-X, LA Forum, New Sofi Stadium, Hollywood Park, & Nearby to local Parks & Recreation, Major Restaurants. Bring your investors looking for stabilized rents and guaranteed 10 % increase annually.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142524766
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3717 W Imperial Highway Inglewood, CA 90303

  • Price: $2,295,000
  • Status: Active
  • On Site: 38 Days
  • ID#: DW23153317
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1942
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Proud to represent this cash cow at a 7% Cap rate on actual rents on this 10 unit property in the Beautiful city of Inglewood. Priced to sell. Property consists of 10 separate bungalows with 4-1bedroom-1Bth units, and 6- Singles -1bth. All single story and totally rehabbed, Room to add 2 ADU's to increase income. All tents are on section 8 vouchers so Guaranteed rents. Minutes from LAX, Space-X, LA Forum, New Sofi Stadium, Hollywood Park, & Nearby to local Parks & Recreation, Major Restaurants. Bring your investors looking for stabilized rents and guaranteed 10 % increase annually.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features LevelStreet Level Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 7.27 Common Interest None Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 231420 Gross Scheduled Income 231420 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Net Operating Income 166831 New Construction YN No New Taxes Expense 28688 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 53019 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source Public Zoning Inc2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Victor Ambriz Jr of Keller Williams Sela (562-334-1500)