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702 Walnut Street

Inglewood, CA 90301
  • $1,200,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 22185001
New On Site 5 Days Ago
UPDATED: 17 min ago
$1,200,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Attila Csupo of Corcoran Global Living (310-441-0111)


Description

Attention Developers/Investors in the Inglewood region: 1.5 miles from the Sofi Stadium. Two buildings on an R3 lot! Front bldg: Divided into 4 units . (All are studios. One has kitchen.) Rear building: Five units. Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft ...Opportunity galore! Cap rate 5.53% when fully rented. Cap rate with two vacant units: 2.54%

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-07T23:25:43.98. 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 deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
www.livelovebeachcities.com/homes/131489945
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702 Walnut Street Inglewood, CA 90301

  • Price: $1,200,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 17 min ago
  • ID#: 22185001
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1958
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Attention Developers/Investors in the Inglewood region: 1.5 miles from the Sofi Stadium. Two buildings on an R3 lot! Front bldg: Divided into 4 units . (All are studios. One has kitchen.) Rear building: Five units. Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft ...Opportunity galore! Cap rate 5.53% when fully rented. Cap rate with two vacant units: 2.54%
Exterior Features

Parking Features Driveway Parking Total 6 Pool Features None Pool Private YN No

Interior Features

Heating Electric Heating YN Yes

Property Features

Association Fee 0 Gross Income 3605 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 41144 New Construction YN No Property Condition Fixer Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 3605 Vacancy Allowance Rate 2 Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-07T23:25:43.98. 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 deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
 
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Bathurst Coastal Properties | Compass
2141 Rosecrans Ave, Suite 1120
El Segundo CA, 12345
Listing Agent(s): Attila Csupo of Corcoran Global Living (310-441-0111)