10833 Mansel Avenue, Inglewood, CA 90304
- $855,000
- Sold Price
- $855,000
- List Price
- $850,000
- Closing Date
- Sep 06, 2024
- Status
- CLOSED
- MLS#
- SB24163635
- Year Built
- 1934
- Lot Size
- 7,292
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
10833 Mansel Ave is a well-positioned 4-Unit building located at the end of a quiet cul–de-sac neighborhood in Lennox (Inglewood) a short distance from the Inglewood Sports/Concert Venues. Built in 1934 the 2,050 SF building features (4) 1-bed/1-bath units. The Disconnected 3-Car Garage Provides ADU Potential. The building offers strong upside with a market cap of 6.73% and a current cap of 4.22%. Given the ideal location in a high-growth city and consistent income this building provides, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
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Additional Information
- Pool Description
- None
- Heat
- None
- Cooling Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $61,680
- Operating Expense
- 2400
Listing courtesy of Listing Agent: Brett Lyon (Broker@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Brett Lyon from Lyon Stahl Investment Real Estate, 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.