10242 S 10th Ave, Inglewood, CA 90303
10242 S 10th Ave, Inglewood, CA 90303
10242 S 10th Ave, Inglewood, CA 90303
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$1,295,000
Est. payment /mo
9 Beds
5 Baths
4,152 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,152 sqft

Price per Sqft $311

MLS Listing ID 26872231

Bedrooms 9

Year Built 1955

Annual Tax Amount $18,130

Lot Size 6,897 Sqft

Acres 0.1584

Property Sub-Type Multi-Family

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 South Inglewood

Zoning INM1L*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage

Garage Spaces 5.0

Building

Story 2

Level or Stories Two, One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Shield CRE, Inc.

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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