• 4,900 sq.ft.
  • 7,238 sq.ft. lot
offered at $1,535,000
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
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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