1100 S Inglewood AVE, Inglewood, CA 90301
1100 S Inglewood AVE, Inglewood, CA 90301
1100 S Inglewood AVE, Inglewood, CA 90301
1100 S Inglewood AVE, Inglewood, CA 90301
1100 S Inglewood AVE, Inglewood, CA 90301
1100 S Inglewood AVE, Inglewood, CA 90301
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Nick Resendez

Nick Resendez

+1(714) 271-2565
$ 2,300,000
Est. payment | /mo

11 Beds

6 Baths

5,236 SqFt

Save
$ 2,300,000
Est. payment | /mo
Save

11 Beds

6 Baths

5,236 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,236 sqft

Price per Sqft $439

MLS Listing ID 26871137

Bedrooms 11

HOA Y/N No

Year Built 1963

Lot Size 6,333 Sqft

Property Description

RARE INGLEWOOD TURN-KEY 6 UNIT MULTI-FAMILY ASSET- FULLY VACANT & REHABBED! Attention 1031 Exchange Buyers & Savvy Investors! Welcome to a literal "headache-free, maintenance-free" cash cow in the absolute heart of booming Inglewood. Situated on a prime corner lot, this immaculate 6-unit building is delivered 100% completely vacant, allowing you to set top-of-market rents on day one without any tenant displacement. Lease up the entire building for a clean, effortless portfolio addition! Projected 6.5% CAP Rate and 10.97 GRM. Unit Mix includes Five spacious 2-Bedroom / 1-Bath units, One spacious 1-Bedroom / 1-Bath unit, 11 total parking spaces (A premium mix of private garages and covered carports!). Possible ADU Garage Conversion to add a 1bd/1ba unit generating an additional $2000/mo income (Buyer to verify w/ City). Zero Capital Expenditure Needed! This building was stripped down and completely modernized with flawless craftsmanship. Individually metered for gas and electric, and opportunity to implement RUBS for (Water, Sewer, Water Heater Gas, and Trash). We are talking all-new electrical, new plumbing, new electrical panels and wiring, new sewer line, new roof, new dual-pane windows, landscaping, in unit laundry, stainless steel appliances, and brand-new HVAC systems. It is essentially a brand-new building wrapped in a classic footprint. Because it sits on a prominent corner lot, units are flooded with buckets of natural light, offering excellent privacy and sweeping views. Located just minutes from LAX, SoFi Stadium, the Intuit Dome, the Kia Forum, and the Hollywood Park entertainment district, you are positioned directly in the path of rapid appreciation and endless tenant demand. Opportunities this clean, this upgraded, and completely vacant do not last in the South Bay. Come see this stunning one-of-a-kind asset while you still can! Seller reserves the right to actively lease vacant units during the marketing period.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INC2YY

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Appliance Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Attached Carport

Total Parking Spaces 11

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4023028027

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Casundra Renteria Whiz Realty, Inc #01989313

Nearby Locations

Nick Resendez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 271-2565

nick.resendez@gmail.com

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1100 S Inglewood AVE