632 Walnut Street

    Inglewood, CA 90301
    • $2,495,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 19477800
    UPDATED: 64 min ago
    $2,495,000
    • 11
      BEDS
    • 0.26
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 8,524
      SQFT
    • $293
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Located within 1 Mile of The Forum & the Upcoming NFL Ram's Stadium -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station & Hollywood Park Development -Remodeled Three-Bedroom Owner's Unit with Fireplace & Washer/Dryer Hook-Ups -Gated Building with Pool, Partial Copper Plumbing, Nine Parking Spaces, & On-Site Laundry Facility -New Roof with Warranty, Done by Permit in 2019 -Four Remodeled Units & Almost All Units Have Balconies -Over 31% in Rental Upside -5.29% Pro-Forma Cap Rate & 12.67 Pro-Forma GRM

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    Based on information from CARETS as of 2019-07-22T17:51:57.507. 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/95905468

    632 Walnut Street Inglewood, CA 90301

    • Price: $2,495,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 19477800
    11
    Beds
    10
    Baths
    0
    ½ Baths
    0.26
    Acres
    8,524
    SQFT
    $293
    $/SQFT
    1962
    Built
    Neighborhood:
    North Inglewood (101)
    County:
    Los Angeles
    Area:
    North Inglewood (101)
    Property Description
    Located within 1 Mile of The Forum & the Upcoming NFL Ram's Stadium -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station & Hollywood Park Development -Remodeled Three-Bedroom Owner's Unit with Fireplace & Washer/Dryer Hook-Ups -Gated Building with Pool, Partial Copper Plumbing, Nine Parking Spaces, & On-Site Laundry Facility -New Roof with Warranty, Done by Permit in 2019 -Four Remodeled Units & Almost All Units Have Balconies -Over 31% in Rental Upside -5.29% Pro-Forma Cap Rate & 12.67 Pro-Forma GRM
    Exterior Features

    Parking Features Covered Parking Parking Spaces Total 9 Paved YN Y

    Interior Features

    Cooling Type Other Heating Type Other 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 2.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 1 Water Heaters YN Y

    Property Features

    Actual Annual Gross Rent 149880.00 Actual Gross Annual Income 151560.00 Actual Rent Total 143982.00 Adjusted Gross Income 151560.00 Assessed Improvement Value 226328.00 Assessed Land Value 72241.00 Cap Rate 3.50 Country United States Of America Cross Streets Walnut Street & Hillcrest Boulevard Expense Electric 2040.00 Expense Gardener 720.00 Expense Gas 1620.00 Expense Insurance 3836.00 Expense Maintenance 2700.00 Expense Other 1800.00 Expense Pool 1800.00 Expense Tax 34930.00 Expense Total Annual 56646.00 Expense Water 7200.00 Gross Operating Income 143982.00 Gross Rent Multiplier 16.65 Hoa YN N Laundry Income 1680.0 Legal Disclosures Take Property As Is Lot Size Source Estimated Net Operating Income 87420.00 Number Electric Meters 9 Number Gas Meters 9 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Estimated Tax Percent 1.4 Tax Total 34930.0 Unit Monthly Rent01 2495.00 Unit Monthly Rent02 1249.00 Unit Projected Total Monthly Rent01 2850.00 Unit Projected Total Monthly Rent02 13560.00 Unit Total Monthly Rent01 2495.00 Unit Total Monthly Rent02 9992.00 Unit Type01 1 Unit Type02 8 Units Total In Complex 9 Vacancy Allow Dollar 7578.0 Vacancy Allow Percent 5.0 Zoning Inr3yy

    Listing provided courtesy of Jonathan Nikfarjam DRE#02081496 of Shield Cre, Inc..


    Based on information from CARETS as of 2019-07-22T17:51:57.507. 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