9300 S WESTERN Avenue, Los Angeles, CA 90047

About this property

We are pleased to present for sale an updated and renovated 10-unit apartment property in the City of Los Angeles just east of Inglewood, City of Champions Stadium (the future home of the Los Angeles Rams) and the Fabulous Forum. The building is extremely well-managed and maintained, it has been recently painted and the rear parking lot sealed and striped. Many units are upgraded with new countertops, flooring and appliances. Tenants enjoy perimeter security, gated parking, and convenient access to LAX, Downtown, South Bay and West LA via 405, 105, and 110 Freeways. Easy to manage, turn-key opportunity with very low historical vacancy and extremely well-positioned to grow along with the area. Huge upside potential with the redevelopment of the Hollywood Park site nearby. This project (about a mile from 9300 S. Western Ave.) includes 3000 units of housing, 620,000sf of retail space, a luxury hotel and a new Hollywood Park Casino along with the $2 billion world-class NFL stadium.

Listing description from the October 2016 sale, as reported to CRMLS.

Sale history

$1,253,000

Sold October 2016 · listed $1,250,000, on market August 2016 · MLS #16149746 · Source: CRMLS

Listing Agent: Adam Peterson · Listing Office: CB Richard Ellis, Inc. · Bought with: Christina Ly · Century 21 Valley Properties,

$925,000

Sold February 2015 · orig. $1,100,000, on market February 2014 · MLS #14739087 · Source: CRMLS

Listing Agent: Adam Peterson · Listing Office: CB Richard Ellis, Inc. · Bought with: Adam Peterson · Remax Commercial and Investmen

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