114 W 64th Place, Inglewood, CA 90302

$2,850,000

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Sold Price
$2,850,000
List Price
$2,880,000
Closing Date
Apr 01, 2024
Status
CLOSED
MLS#
GD24034041
Year Built
2004
Lot Size
8,791
Acres
0.20
Days on Market
32
Property Type
Multifamily
Property Sub Type
Townhouse

Property Description

This very well kept six unit complex consists of 6 2BR 2.5 BA Townhouse style apartment units. Each unit is equipped with a Multi zone HVAC system (one for each floor), Washer & Dryer Hook-ups, Fireplace, Hardwood Floors and the property's underground parking with 14 parking spots adds a sought-after element of convenience. This property provides the right investor an opportunity to acquire a pristine quality asset in one of the nation’s hottest submarkets. Inglewood is pro-progress, evidenced by the redevelopment of The Forum, the new Light Rail line along Florence and the new, 300 acre, $2.6 billion NFL stadium which is minutes away from the Property. The Hollywood Park redevelopment in Inglewood is one of the most exciting projects to shine a spotlight on sports and entertainment in Los Angeles County. The long-term final buildout of Hollywood Park will include 2,500 homes, 900,000 square feet of office space, 890,000 square feet of retail and a 300-key hotel. The complex has 25 acres of open space featuring a six-acre artificial lake fronting SoFi Stadium. As a result, Inglewood’s local economy has thrived along with residential and commercial real estate rents and values soaring to new heights. In addition to Inglewood’s entertainment venues such as Kia Forum and SoFi Stadium, host to the 2026 World Cup and 2028 Summer Olympics, the construction of a new NBA arena, the Intuit Dome, is currently underway. Additional projects include a $1.85 billion people mover stretching over 1.6-miles connecting the L.A. Metro K Line with SoFi Stadium and Intuit Dome.

Additional Information

Pool Description
None
Heat
Central, Forced Air
Cooling
Yes
Cooling Description
Central Air, Dual
Garage Spaces Total
14
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$187,800
Operating Expense
62097

Listing courtesy of Listing Agent: Andrew Awaida (ANDYZRE@HOTMAIL.COM) from Listing Office: Remax Optima.

Listing sold by Mona Flaum from Pinnacle Estate Properties, Inc.

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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.