10506 S Inglewood Avenue, Inglewood, CA 90304

$4,700,000
32
BD
32
BA
15,834
SqFt

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Sold Price
$4,700,000
List Price
$4,850,000
Closing Date
Sep 06, 2024
Status
CLOSED
MLS#
24346303
Year Built
1957
Bedrooms
32
Bathrooms
32
Living Sq. Ft
15,834
Lot Size
20,836
Acres
0.48
Days on Market
0
Property Type
Multifamily
Stories
Two Levels, Multi Level

Property Description

*This is to be sold together with 10514 S Inglewood Ave for a total list price of $4,850,000. The APNs are 4036-030-009 and 4036-030-012. They will not be sold separately* Great investment opportunity at 10506-10516 South Inglewood Avenue! 5 units vacant, possibly more! The property contains (4) buildings spread across two separate APN's making for (2) 8 unit buildings per APN. There are (32) total units, all of which are 1 bedroom + 1 bathroom unit mixes. The property offers 26 parking spots in a back lot as well as street parking in front. The Owners have added value through the County of Los Angeles LAWA Residential Sound insulation program, the addition of 32 carrier HVAC's, as well as sound insulation for the roof. They have replaced the doors with Noise rated doors and replaced all the windows with double pane windows. The Owners also replaced the electrical panels for all32 units. With a location in the 90304 zip code area, the property has access to numerous restaurants on Imperial Highway as well as Lennox Park just south of the property.*Chase assumable loan fixed until 10/1/2025 on $1,665,179 at4.6

Additional Information

Appliances
Refrigerator
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Attached
Number Of Units Total
32

Listing courtesy of Listing Agent: Stephen F. Watson (swatson@total-realtygroup.com) from Listing Office: Keller Williams Los Angeles.

Listing sold by Stephen F. Watson from Keller Williams Downtown LA

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.