Description
Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) | 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit | Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify | Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify | Large 7,501-SF Lot | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 | Private Balconies & On-Site Laundry Facility | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project
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11BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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5,435SQFT
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$285$/SQFT
School Ratings & Info
Description
Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) | 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit | Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify | Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify | Large 7,501-SF Lot | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 | Private Balconies & On-Site Laundry Facility | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-13T10:31:46.23. 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 Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.