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$ 1,295,000
Est. payment /mo
New
10242 S 10th AVE Inglewood, CA 90303
9 Beds
5 Baths
4,152 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,152 sqft
Price per Sqft $311
MLS Listing ID 26872231
Bedrooms 9
HOA Y/N No
Year Built 1955
Lot Size 6,895 Sqft
Property Description
Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INM1L*
Interior
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 5.0
Garage Description 5.0
Total Parking Spaces 5
Building
Story 2
Entry Level One,Two
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 4030007011
Special Listing Condition Standard
Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803