Property Detail

Description

We are pleased to present this six unit apartment complex in one of the hottest, most sought after communities in Southern California. This Inglewood building boasts 2 -2 Bedroom units and 4 -1 Bedroom units; two of the one-bedrooms may be delivered vacant at the close of escrow. The building was constructed in 1953 and is perched high above La Cienga Boulevard. The Scheduled Gross Income is $144,000 annually, using conservative rents for the vacant units and $2,200 per month for the 2's. This building is within a few miles of SoFI Stadium, the Intuit Dome and the Forum. Listed at a 10.9 GRM, this is a great opportunity to invest in one of the premier rental locations in Los Angeles County.