Skip To Content
    Return to Previous Page

    850 Victor Ave

    Inglewood, CA 90302
    • $13,390,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 20-631304
    UPDATED: 73 min ago
    $13,390,000
    • 52
      BEDS
    • 1.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 37,581
      SQFT
    • $356
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    **Please do not hover on the property or enter the building grounds. Please do not engage in any discussion regarding a potential sale with any tenants or management. ** This opportunity is a 50-unit apartment community for sale in the desirable Northwest pocket of Inglewood, adjacent to Westchester and Ladera Heights. The property offers a wide range of amenities, including a gated lobby, swimming pool, two coined laundry rooms with owned equipment, one large storage facility, and two other small storage rooms, and gated parking with newer motors for a total of (72) parking spaces. All units except for the studios have their own private balcony. The roof is ten years old, roof over the carport is newer. Almost all water heaters, garbage disposals, stoves/cooktops, wall ovens, and hood fans have been replaced. Building is all-electric and tenants pay for their own electricity. There is a gas heater for the laundry equipment only.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-23T22:42:33.253. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109927391
    Print Image

    850 Victor Ave Inglewood, CA 90302

    • Price: $13,390,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 20-631304
    52
    Beds
    0
    Baths
    0
    ½ Baths
    1.15
    Acres
    37,581
    SQFT
    $356
    $/SQFT
    1962
    Built
    Neighborhood:
    North Inglewood
    County:
    Los Angeles
    Area:
    North Inglewood
    Property Description
    **Please do not hover on the property or enter the building grounds. Please do not engage in any discussion regarding a potential sale with any tenants or management. ** This opportunity is a 50-unit apartment community for sale in the desirable Northwest pocket of Inglewood, adjacent to Westchester and Ladera Heights. The property offers a wide range of amenities, including a gated lobby, swimming pool, two coined laundry rooms with owned equipment, one large storage facility, and two other small storage rooms, and gated parking with newer motors for a total of (72) parking spaces. All units except for the studios have their own private balcony. The roof is ten years old, roof over the carport is newer. Almost all water heaters, garbage disposals, stoves/cooktops, wall ovens, and hood fans have been replaced. Building is all-electric and tenants pay for their own electricity. There is a gas heater for the laundry equipment only.
    Exterior Features

    Lot Size Area 49993 Other Structures Other Parking Garage Carport Total Parking 72

    Interior Features

    Baths Total 60.00 Cooling Other Equipment Other Heating Other Laundry Community Laundry Equipment Own

    Property Features

    Gross Income 869772 Gross Operating Income 855919 Like Units1 3 Like Units2 8 Like Units3 5 Like Units4 24 Like Units5 8 Like Units6 2 Net Operating Income 548074.00 Number Of Buildings 1 Number Of Units 50 Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 307845 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Inr3yy

    Listing provided courtesy of David Harrington DRE#01320460 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-23T22:42:33.253. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-631304-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-631304-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-631304-2.jpg
    Logo
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377