115 N Eastwood Avenue

    Inglewood, CA 90301
    • $7,775,000
    • STATUS: Pending
    • ON SITE: 236 days
    • ID#: 19445474
    Pending
    $7,775,000
    • 36
      BEDS
    • 0.69
      ACRES
    • 32
      BATHS
    • 0
      1/2 BATHS
    • 23,360
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    By far the BEST VALUE ADD/RE-POSITION investment opportunity in Inglewood on the market today. Located walking distance to all the best things Inglewood has to offer this courtyard style building located in the city of the soon to be completed NFL stadium which will be home to to LA Rams and LA Chargers is poised to become one of the premier buildings of choice in Inglewood. A sparkling pool and common will be the centerpiece of the quality of living this property will promise and deliver. 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! Now offered at a 3.51% CAP Rate on existing rents and upside to be realized immediately with pending rent increases due. May be delivered with as many as 4 vacant units.

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    Based on information from CARETS as of 2019-11-11T23:46:06.683. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/92885301

    115 N Eastwood Avenue Inglewood, CA 90301

    • Price: $7,775,000
    • Status: Pending
    • ID#: 19445474
    36
    Beds
    32
    Baths
    0
    ½ Baths
    0.69
    Acres
    23,360
    SQFT
    $333
    $/SQFT
    1955
    Built
    Neighborhood:
    North Inglewood (101)
    County:
    Los Angeles
    Area:
    North Inglewood (101)
    Property Description
    By far the BEST VALUE ADD/RE-POSITION investment opportunity in Inglewood on the market today. Located walking distance to all the best things Inglewood has to offer this courtyard style building located in the city of the soon to be completed NFL stadium which will be home to to LA Rams and LA Chargers is poised to become one of the premier buildings of choice in Inglewood. A sparkling pool and common will be the centerpiece of the quality of living this property will promise and deliver. 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! Now offered at a 3.51% CAP Rate on existing rents and upside to be realized immediately with pending rent increases due. May be delivered with as many as 4 vacant units.
    Exterior Features

    Construction Frame And Stucco Parking Spaces Total 35 Parking Type AssignedCarport AttachedCarport Detached

    Interior Features

    Cooling Type Other Heating Fuel Wall Gas Heating Type Wall Gas Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 1 Water Heater Features Water Heater Central

    Property Features

    Adjusted Gross Income 486755.00 Assessed Improvement Value 1775102.00 Assessed Land Value 761836.00 Cap Rate 3.51 Country United States Of America Expense Total Annual 202989.00 Gross Operating Income 475803.00 Gross Rent Multiplier 15.97 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 272814.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Tenant Pays ElectricityGas Unit Monthly Rent01 1417.00 Unit Monthly Rent02 1226.00 Unit Projected Total Monthly Rent01 8501.00 Unit Projected Total Monthly Rent02 31887.00 Unit Total Monthly Rent01 11550.00 Unit Total Monthly Rent02 41600.00 Unit Type01 6 Unit Type02 26 Units Total In Complex 31 Zoning Inr3yy

    Listing provided courtesy of Christopher Marsocci DRE#01095183 of Goldcoast Commercial Group.


    Based on information from CARETS as of 2019-11-11T23:46:06.683. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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    2945 Townsgate Road Suite 300
    Westlake CA, 91361