$800,000
$875,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 09/14/2012
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P814863
Sold Date 09/14/12
HOA Y/N No
Year Built 1955
Lot Size 0.322 Acres
Property Description
See attached flyer for financial details. This 8-unit apartment building is located on Crenshaw Blvd near the new retail corridor on Century Blvd. This investment opportunity is two 4-unit buildings on one large 14,031 sq. ft. lot. Every unit has two bedrooms and one bath and has access to a very large interior courtyard. The units are currently rented from $800/moth to $1,034/month leaving significant rental upside for an investor. This property is being offered for sale at $875,000 which is $109,375/unit, $126.34/sq. ft. and a 10 gross rent multiplier. This investment property will not last long!
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 8
Private Pool No
Others
Senior Community No
Tax ID 4030007009
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Martin Ensbury • RE/MAX Commercial & Inv Realty
GET MORE INFORMATION
Broker Associate | Lic# 00870450