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10239 England Avenue, Inglewood, CA 90303

Commercial property · 3 recorded sales since 2018

10239 England Avenue, Inglewood, CA 90303 Sold October 2019 CRMLS
$1,925,000Sold October 2019

Listing Agent: Maeve Becker (DRE #01963513) · Listing Office: Keller Williams South Bay · Contact: 310-375-3511 · Bought with: Noe Blanco · RE/MAX Alliance Group · MLS #SB19203299 · Source: CRMLS

4,687
Building Sq Ft
6
Units
4.77%
Cap Rate
$95,384
NOI
6,631 sqft
Lot Size
1955
Year Built
INM1L*
Zoning
Commercial property
Type

About this commercial property

Investors' dream in the City of Champions. Turn-key 6-unit property, that has undergone extensive exterior and interior renovations this year. This property has a desirable mix of four 2 bed/1 bath units, and two 1 bed/1 bath units. No need to be concerned about Inglewood's new Rent Control Ordinance. These new tenants are paying top tier market rents, and even paying their own prorated water/trash bill. Due to the remodel and proactive management, this should be a low expense, low maintenance asset for many years to come. This great addition to your real estate portfolio will not disappoint. Inglewood is arguably the hottest city in the South Bay at the moment, due to new stadiums, concert venues, Frank Gehry designed YOLA Center which is the first permanent, purpose-built facility for Youth Orchestra Los Angeles (YOLA). Come visit this property in the Sports and Entertainment Capital of California today. This is certainly a building that discerning tenants will be proud to call "Home".

Listing description from the October 2019 sale, as reported to CRMLS.

Sale history

$1,925,000
Sold October 2019 · listed $2,000,000, on market August 2019 · MLS #SB19203299 · Source: CRMLS
Listing Agent: Maeve Becker · Listing Office: Keller Williams South Bay · Contact: 310-375-3511 · Bought with: Noe Blanco · RE/MAX Alliance Group
$1,925,000
Sold October 2019 · listed $2,000,000, on market August 2019 · MLS #SB19203707 · Source: CRMLS
Listing Agent: Maeve Becker · Listing Office: Keller Williams South Bay · Contact: 310-375-3511 · Bought with: Noe Blanco · RE/MAX Alliance Group
$1,400,000
Sold May 2018 · listed $1,275,000, on market April 2018 · MLS #18337796 · Source: CRMLS
Listing Agent: Odalys Garcia · Listing Office: The Paramount Group · Contact: 310-795-4737 · Bought with: Max Fitzgerald · Manhattan Pacific Realty, Inc.
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