115 N Eastwood Avenue

    Inglewood, CA 90301
    • $7,875,000
    • STATUS: Active
    • ON SITE: 153 days
    • ID#: 19445474
    UPDATED: 54 min ago
    $7,875,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,360
      SQFT
    • $337
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Great value-add investment opportunity, located walking distance to all the best things Inglewood has to offer, now offered individually or as part of a multi-property, 117-unit apartment portfolio This courtyard style building located in Inglewood, home of the soon to be completed NFL stadium which will be home to to LA Rams and LA Chargers, with a sparkling pool and common area is priced to sell and can be purchased along with 36 units located at 2619-2631 Brighton Ave. (MLS #19-445476) in the Historic West Adams District and 49 units at 6633 Vineland Ave. ( MLS# 19-445464) in rapidly improving No. Hollywood, All buildings have been owned for over 25 years by the present ownership and are poised to be repositioned to capitalize on 3 of LA's most exciting markets. 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!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T07:30:45.797. 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 Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
    www.gogabby.com/homes/92886203

    115 N Eastwood Avenue Inglewood, CA 90301

    • Price: $7,875,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 19445474
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    23,360
    SQFT
    $337
    $/SQFT
    1955
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    Great value-add investment opportunity, located walking distance to all the best things Inglewood has to offer, now offered individually or as part of a multi-property, 117-unit apartment portfolio This courtyard style building located in Inglewood, home of the soon to be completed NFL stadium which will be home to to LA Rams and LA Chargers, with a sparkling pool and common area is priced to sell and can be purchased along with 36 units located at 2619-2631 Brighton Ave. (MLS #19-445476) in the Historic West Adams District and 49 units at 6633 Vineland Ave. ( MLS# 19-445464) in rapidly improving No. Hollywood, All buildings have been owned for over 25 years by the present ownership and are poised to be repositioned to capitalize on 3 of LA's most exciting markets. 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!
    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 3.24 Gross Multiplier 16.76 Gross Operating Income 458172.00 Improvements Amount 1775102 Land Value 761836 Laundry YN Yes Net Operating Income 255499.00 Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 202673.00 Zoning Inr3yy

    Listing provided courtesy of Christopher Marsocci of Goldcoast Commercial Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-21T07:30:45.797. 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 Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
     
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