325 S INGLEWOOD AVENUE, INGLEWOOD CA 90301

  • 4,900 sq.ft.
  • 7,238 sq.ft. lot
offered at $1,535,000
MLS#:SB21106649
Status: Active // Property Type:
County: Los Angeles // Year Built: 1960

Property Description

325 S. Inglewood Ave. is a large 6 unit asset located in one of the nicest pockets of Inglewood. Proposal will be provided for (2) 1-Bed + 1- Bath ADUs above the existing carports; Great opportunity to add more units and increase monthly income for only $125K per new unit. Chance to increase monthly income by over 57%, once units are rented out for market rate. Once stabilized, 325 S. Inglewood would operate at a 9.81% CAP and an 8.07 GRM. This is the perfect opportunity for any investor looking for a value-add deal in a rapidly appreciating neighborhood. With 4,900 sq.ft of living space, the subject property has a strong unit mix consisting of (3) 2Bed/1Bath and (3) 1Bed/1Bath units, averaging 816 sq.ft per unit. These large, spacious units feature Central Air, Hardwood Floors, New Windows, and New Electrical to go along with ample street parking. 325 S. Inglewood also features a controlled access driveway, leading to a carport that fits 6 cars. The subject property lies a very short distance from the Brand New NFL Stadium, Clippers Arena, and the Hollywood Park Development, which will include 500,000 Sq.Ft of retail space, a 300 unit hotel, 314 apartment units, and plenty of office space. This value-add property is an ideal pickup for any buyer looking for massive upside in monthly rental income!

Listing Courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.

Exterior Features

Exterior Features: Biking, Curbs, Golf, Hiking, Park
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of June 1, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.