Views
Address
118 N Inglewood Avenue Inglewood, CA
Price
$ 1,199,000
Property Attributes
  • MLS#21795924
  • TypeIncome
  • CountyLOS ANGELES
  • CityInglewood
  • AreaNorth Inglewood
  • Zip90301
  • StyleTraditional
  • Price$ 1,199,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1228
  • Lot Size7,203 SqFt
Listing Provided Courtesy Of:
Aaron Grate with Grate Real Estate
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

Have you been looking for the right investment property to claim your stake in the high growth city of Inglewood? This triplex is in a prime location conveniently located approx. two miles west of the new stadium, one mile west of the Metro K Line Downtown Inglewood station, and blocks away from popular food attractions. This triplex consists of one 3 bed / 1 bath unit (tenant occupied), and two 1 bed / 1 bath units, one of which will be sold vacant. All of the units are separately metered for gas and electricity. The roof was recently replaced. Leasing the vacant unit will increase the estimated cap rate to 3.24%. Increasing the rents of the other units will increase the estimated cap rate to 5.06%. PLEASE DO NOT DISTURB TENANTS. We kindly ask that you do not walk the property. The property will be shown with an accepted offer.

Price History
10/18/2021 Listed $1,199,000

General Features

Appliances Washer
Architectural Style Traditional
Cooling None
Facing Direction West
Flooring Carpet
Garage Spaces 3
Garage Y/N Yes
Heating Wall Furnace
Listing Agent Aaron Grate - BRE#01496293
Listing Agent State License 01496293
Lot Size Square Feet 7203
MLS Area 101 - North Inglewood
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Terms Cash, Conventional
Total Units 3
Water Sewer Expense 1620
Zoning INR4*

Interior Features

Heating Y/N Yes

Exterior Features

Lot Features Front Yard, Yard
Lot Size Acres 0.17
Lot Size Area 7203
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Parking Features Garage
Total Parking 3
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90301

Price
AVG $2.34M
$1.2M
Visits
AVG 49
1
Year Built
AVG 1945
1902
Walkscore
AVG 82
82
Data Provided by Walkscore ® not using MLS data

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