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$2,250,000

FOR SALE
Active

911 E La Palma Drive K

Inglewood, CA

MLS# 26107674

5,521 Sq Ft11bd • 10ba
4 days on marketNalren refreshed

Listing Agent

Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02060040

(310) 425-9838

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

11

Bedrooms

10

Bathrooms

5,521 sqft

Square Feet

1937

Year Built

0.26 acres

Lot Size

$408

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

911 E La Palma Dr | 10-Unit Multifamily, Inglewood. 1937-built asset totaling 5,521 SF on an 11,488 SF lot on the north side of E La Palma Dr between Larch St and Myrtle Ave, less than a mile from SoFi Stadium and within about a mile of Intuit Dome and the Kia Forum. The property features (10) 1BR/1BA units averaging 470 SF, each upgraded throughout, plus 10 on-site parking spaces and an established RUBS program. All ten units are occupied at an average rent of $1,832 against a $1,975 market rent, and the property is subject to the Inglewood Housing Protection Ordinance. Offered at $2,250,000 ($225,000/unit | $407.53/SF) with a 6.59% in-place cap rate, the story here is simplicity a fully occupied, upgraded asset in the stadium district with a 7.30% pro forma cap and no capital program required.

Facts & Features

Building

Year Built
1937
Living Area
5,521 sqft
Building Area Total
5,521
Levels
Multi Split
Stories Total
0

Utilities

Heating
None
Cooling
None

Parking

Parking Features
Private
Parking Total
10

Community / HOA

HOA
No

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CRMLS

MLS# 26107674

Listed:

Nalren refreshed:

Last updated

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Listed by: Lyon Stahl Investment Real Estate, Inc.

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Advertising Broker: Nalren Corp (CA DRE #02423715)

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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.