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$2,300,000
59 Days On Site

1100 S Inglewood Avenue
Inglewood, CA 90301

For Sale|Residential Income|Active Under Contract
11
Beds
6
Total Baths
5,236
SqFt
$439
/SqFt
1963
Built
County:
Los Angeles
Listed by Casundra Renteria of Whiz Realty, Inc [email protected]
1100 S Inglewood Avenue1100 S Inglewood Avenue1100 S Inglewood Avenue1100 S Inglewood Avenue
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RARE INGLEWOOD TURN-KEY 6 UNIT MULTI-FAMILY ASSET- 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 vacant, allowing you to collect top-of-market rents on day one without any tenant displacement. Current Lease up in process for a clean, effortless portfolio addition! Projected 6.08% CAP Rate and 11.16 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, covered carports and uncovered spaces!). Seller currently in process of obtaining approved plans for ADU Garage Conversion to add a Jr 1bd/1ba unit generating an additional $2000/mo income. Zero Capital Expenditure Needed! This building was stripped down and completely modernized with flawless craftsmanship. Individually metered for gas and electric. 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 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 approve applicants and execute a new lease during the marketing period.

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Listing Snapshot
Price 
$2,300,000
Days On Site 
59 Days
Bedrooms 
11
Inside Area (SqFt) 
5,236 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1454 Acres
Year Built 
1963
MLS® Number 
26871137
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Acres 
0.1454
Attached Garage 
Yes
Levels 
Two
Parking 
AttachedAttached CarportDriveway
Parking Spaces 
11
Special Circumstances 
Standard
SqFt Total 
5236
Zoning 
INC2YY
Interior Features
Appliances 
DisposalMicrowaveRefrigeratorDryerWasher
Cooling 
Central AirWall/Window Unit(s)
Heating 
CentralWall Furnace
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Community Features
MLS Area 
102 - South Inglewood


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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