We are pleased to offer the opportunity to acquire this ten (10) unit multifamily investment opportunity located in the heart of Inglewood. This investment was constructed of wood frame and stucco on a raised foundation built in 1910 with a square footage of 2,678 on am expansive 8,005-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eight (8) studio units, one (1) 2+1 single family residence, and one (1) 1+1 unit. The investment is 100% occupied with a gross income of $15,720/month. There's approximately 25% potential upside in rents, which an investor can achieve closer to about $19,500/month. The investment is currently priced at a 7.5% Cap Rate & 10x GRM. Excellent cash-flow investment opportunity.
Days on market: 49
Listing updated: April 23, 2025 - 04:45:04
Listed by: Davis Saadian DRE #01921748 310-623-1300, Keller Williams Hollywood Hills - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X7252101 Originating MLS: CRMLS
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