Property Detail

Description

Four Single-Story Units on Large 7,938-SF Lot in North Inglewood | New Roofs, New Windows & Updated Electrical | Residential Asset - Desirable Owner-User Opportunity & Attractive Residential Financing Options | Large Lot & Ample Garages Present an Opportunity to Add Up to 4 ADUs (Buyer to Verify) | Exempt from Inglewood's Local Rent Cap - Subject to AB 1482 Only | Located Approximately 1.5 Miles from SoFi Stadium & The Forum and 2 Miles from Intuit Dome | Each Unit Contains Individual Hot Water Heaters | One Unit with Washer/Dryer Hook-Ups | Renovated Studio/1-Bathroom Unit Plus Den (Non-Conforming) Delivered Vacant | 5.81% Current Cap Rate & 11.37 Current GRM | 7.63% Pro-Forma Cap Rate & 9.37 Pro-Forma GRM | Newly Painted & Exterior Touch-Ups to Enhance Property Curb Appeal | Total of 4 Garages | Centrally Located Near Hollywood Park, YouTube Theater, Metro Rail, SpaceX, Tesla, LAX Airport & the Inglewood Transit Connector Project