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    10614 S Osage Avenue

    Inglewood, CA 90304
    • $1,200,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: PF21091321
    UPDATED: 83 min ago
    $1,200,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    5 Unit investment property located only six blocks from SOFi stadium! With an Inglewood address in close proximity to all of the new restaurants and businesses that came on the heels of the new stadium, this meticulously maintained five unit property is a great turnkey option for any investor. Four units are newly remodeled. Two buildings have new roofs and all of the landscaping has been recently reimagined. Four of the five are currently tenant occupied leaving one unit ready to be owner occupied or filled taking advantage of current market rental values. Situated on a more than 10,000 square foot lot, the stunning curb appeal makes these units highly sought after by renters and all come with the convenience of a private garage not to mention six additional parking spaces on the property. With a 4.4 cap rate, this is a great opportunity for an investor looking for a well maintained property in a thriving market!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T08:32:50.413. 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 deemed reliable but is not guaranteed accurate by the MLS or Re/Max Top Producers. Licensed in the State of California, USA.
    www.listingsinla.com/homes/116686987
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    10614 S Osage Avenue Inglewood, CA 90304

    • Price: $1,200,000
    • Status: Active
    • Updated: 83 min ago
    • ID#: PF21091321
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1949
    Built
    Neighborhood:
    105 - Lennox
    County:
    Los Angeles
    Area:
    105 - Lennox
    Property Description
    5 Unit investment property located only six blocks from SOFi stadium! With an Inglewood address in close proximity to all of the new restaurants and businesses that came on the heels of the new stadium, this meticulously maintained five unit property is a great turnkey option for any investor. Four units are newly remodeled. Two buildings have new roofs and all of the landscaping has been recently reimagined. Four of the five are currently tenant occupied leaving one unit ready to be owner occupied or filled taking advantage of current market rental values. Situated on a more than 10,000 square foot lot, the stunning curb appeal makes these units highly sought after by renters and all come with the convenience of a private garage not to mention six additional parking spaces on the property. With a 4.4 cap rate, this is a great opportunity for an investor looking for a well maintained property in a thriving market!
    Exterior Features

    Number Of Separate Electric Meters 5 Parking Features DrivewayGaragePaved Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.4 Common Interest None Community Features CurbsStreet LightsSidewalks Garage YN Yes Gross Income 73680 Gross Scheduled Income 73680 Insurance Expense 2500 Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 53030 New Construction YN No New Taxes Expense 15000 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20650 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 4640 Trash Expense 1150 Water Sewer Expense 2000 Water Source Public Zoning Lcr2yy

    Listing provided courtesy of Loren Anderson of Compass and Amy Pace of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T08:32:50.413. 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 deemed reliable but is not guaranteed accurate by the MLS or Re/Max Top Producers. Licensed in the State of California, USA.
     
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