410 W Regent Street, Inglewood, CA 90301

$2,100,000

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Sold Price
$2,100,000
List Price
$2,100,000
Closing Date
Jan 03, 2025
Status
CLOSED
MLS#
SB24189497
Year Built
1964
Lot Size
8,802
Acres
0.20
Days on Market
10
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

ONLY $233,333/UNIT AND $212/SQ FT FOR PRIME INGLEWOOD. Huge 9 units that average over 1,000 sq feet each. Ideally located off the 405 and just north of Manchester Blvd. SoFi Stadium, The Forum, the You Tube Theater and brand new Intuit Dome all in close proximity. Significant upside of over 50% at conservative market rents. Subject to City of Inglewood Rent Control. Excellent unit mix consisting of (2) 1 Bedroom, (5) 2 Bedrooms and (2) 3 Bedrooms.....front 3 BR is townhouse style. Units have updated patios, 4 units have been remodeled with laminate flooring, new cabinets, dishwashers, ceiling fans and more. The roof is newer and the vertical plumbing lines have also been replaced. All units are individually metered for gas and electricity. There is one water heater in the common area laundry room which services all units, one washer and one dryer with leased machines. There is also ample onsite parking including a two car garage in the rear of the property currently being used as storage by owner/management. The property is professionally managed but does have some deferred maintenance.

Additional Information

Pool Description
None
Garage Spaces Total
9
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$163,812
Operating Expense
66337

Listing courtesy of Listing Agent: Brian Estes (bestes@remaxcir.com) from Listing Office: Re/Max Commercial & Investment.

Listing sold by General NONMEMBER from NONMEMBER MRML

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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.