Description
We are pleased to present this 4 unit apartment community located in the heart of Inglewood. The offering consists of great unit mix of studio, 2 bedroom and 3 bedroom units. In total, the buildings sit on a 5,723 sq ft lot and feature 5 covered parking spaces and on-site laundry. Offered at $300k/unit, this opportunity allows an astute investor to add value to the property as tenants turnover. The property has strong day 1 income operating at a 4.46% Cap Rate & 15.15 GRM. There is rental upside potential to a 6.93% Pro-Forma Cap Rate & 10.93 Pro-Forma GRM. The property is in close proximity to SoFi and LAX making it extremely attractive for renters.
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Listing Agent: John Katnik Courtesy of: BRC Advisors- BH "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 22nd March, 2023 11:56 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 22nd March, 2023 11:56 AM (UTC)
