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$1,295,000

FOR SALE
Active

10242 S 10th Avenue

Inglewood, CA

MLS# 26872231

4,152 Sq Ft9bd • 5ba
85 days on marketNalren refreshed

Listing Agent

Jonathan Nikfarjam

Listing Agent

Shield CRE, Inc.

DRE #: 01856803

(310) 593-9869

Brokerage: Shield CRE, Inc.

Property Details

9

Bedrooms

5

Bathrooms

4,152 sqft

Square Feet

1955

Year Built

6,897 sqft

Lot Size

$312

Price/Sq Ft

5

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Building

Year Built
1955
Living Area
4,152 sqft
Building Area Total
4,152
Levels
One, Two
Stories Total
2

Parking

Garage Spaces
5
Parking Features
Garage
Parking Total
5

Community / HOA

HOA
No

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