11542 Simms Avenue, Inglewood, CA 90303
- $920,000
- Sold Price
- $920,000
- List Price
- $999,000
- Closing Date
- Mar 27, 2024
- Status
- CLOSED
- MLS#
- DW23206882
- Year Built
- 1952
- Lot Size
- 7,308
- Acres
- 0.17
- Lot Location
- Back Yard, Corner Lot, Rectangular Lot
- Days on Market
- 48
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
BUYER FAILED TO PERFORM! BACK ON THE MARKET!! This charming 4-unit residential building located at 11542 Simms Ave in Inglewood, CA offers an excellent investment opportunity. Situated in a calm and beautiful residential neighborhood, this property boasts a prime location near major freeways, making it convenient for tenants to commute and access the many attractions Inglewood has to offer. The property comprises two spacious 2-bedroom units and two cozy 1-bedroom units, all of which are in excellent condition, ensuring comfortable living for tenants and reducing the need for immediate renovations. With a lot size of 7,306 square feet, there is ample outdoor space for residents to enjoy. One of the standout features of this property is the clean alley access, making it easy for tenants to access their single-car garages. This convenience adds to the overall appeal of the property and enhances its market value. Investors and potential buyers will be pleased to know that this property is strategically located near prominent entertainment venues, including the famous Sofi Stadium, Youtube Theatre, and the Kia Forum. These attractions not only provide a myriad of entertainment options for residents but also contribute to the property's potential for rental income growth. Whether you're looking for a lucrative investment opportunity or a place to call home in a desirable Inglewood neighborhood, 11542 Simms Ave offers both. Don't miss out on the chance to acquire a property with great income potential and a promising future in this thriving community.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $57,048
Listing courtesy of Listing Agent: Alberto Sanchez (albertsanchez54@gmail.com) from Listing Office: Century 21 A Better Service.
Listing sold by Micaela Solis from Berkshire Hathaway Home Srvs
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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.