115 N Eastwood Avenue

    Inglewood, CA 90301
    • $7,775,000
    • STATUS: Active
    • ON SITE: 209 days
    • ID#: 19445474
    UPDATED: 173 min ago
    $7,775,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,360
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    By far the BEST VALUE ADD/RE-POSITION investment opportunity in Inglewood on the market today. Located walking distance to all the best things Inglewood has to offer this courtyard style building located in the city of the soon to be completed NFL stadium which will be home to to LA Rams and LA Chargers is poised to become one of the premier buildings of choice in Inglewood. A sparkling pool and common will be the centerpiece of the quality of living this property will promise and deliver. This well maintained building is walking distance to the Forum, Rams Stadium and Market St. Located in a quite residential pocket north of Manchester Blvd. Great potential! Now offered at a 3.51% CAP Rate on existing rents and upside to be realized immediately with pending rent increases due. May be delivered with as many as 4 vacant units.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T00:34:05.04. 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 Pam Spadafore & Associates | Coldwell Banker Residential Brokerage. Licensed in the State of California, USA.
    www.coastalhomesoc.com/homes/92886203

    115 N Eastwood Avenue Inglewood, CA 90301

    • Price: $7,775,000
    • Status: Active
    • Updated: 173 min ago
    • ID#: 19445474
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    23,360
    SQFT
    $333
    $/SQFT
    1955
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    By far the BEST VALUE ADD/RE-POSITION investment opportunity in Inglewood on the market today. Located walking distance to all the best things Inglewood has to offer this courtyard style building located in the city of the soon to be completed NFL stadium which will be home to to LA Rams and LA Chargers is poised to become one of the premier buildings of choice in Inglewood. A sparkling pool and common will be the centerpiece of the quality of living this property will promise and deliver. This well maintained building is walking distance to the Forum, Rams Stadium and Market St. Located in a quite residential pocket north of Manchester Blvd. Great potential! Now offered at a 3.51% CAP Rate on existing rents and upside to be realized immediately with pending rent increases due. May be delivered with as many as 4 vacant units.
    Exterior Features

    Lot Size Units Square Feet Parking Features AssignedAttached CarportDetached Carport Parking YN Yes

    Interior Features

    Appliances Water Heater Central Appliances YN Yes Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 3.51 Gross Multiplier 15.97 Gross Operating Income 475803.00 Improvements Amount 1775102 Land Value 761836 Laundry YN Yes Net Operating Income 272814.00 Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 202989.00 Zoning Inr3yy

    Listing provided courtesy of Christopher Marsocci of Goldcoast Commercial Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T00:34:05.04. 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 Pam Spadafore & Associates | Coldwell Banker Residential Brokerage. Licensed in the State of California, USA.
     
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