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Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD24034041
Sold Date 04/01/24
Bedrooms 8
HOA Y/N No
Lot Size 8,791 Sqft
Property Description
This very well kept six unit complex consists of 6 2BR 2.5 BA Townhouse style apartment units. Each unit is equipped with a Multi zone HVAC system (one for each floor), Washer & Dryer Hook-ups, Fireplace, Hardwood Floors and the property's underground parking with 14 parking spots adds a sought-after element of convenience. This property provides the right investor an opportunity to acquire a pristine quality asset in one of the nations hottest submarkets. Inglewood is pro-progress, evidenced by the redevelopment of The Forum, the new Light Rail line along Florence and the new, 300 acre, $2.6 billion NFL stadium which is minutes away from the Property. The Hollywood Park redevelopment in Inglewood is one of the most exciting projects to shine a spotlight on sports and entertainment in Los Angeles County. The long-term final buildout of Hollywood Park will include 2,500 homes, 900,000 square feet of office space, 890,000 square feet of retail and a 300-key hotel. The complex has 25 acres of open space featuring a six-acre artificial lake fronting SoFi Stadium. As a result, Inglewoods local economy has thrived along with residential and commercial real estate rents and values soaring to new heights. In addition to Inglewoods entertainment venues such as Kia Forum and SoFi Stadium, host to the 2026 World Cup and 2028 Summer Olympics, the construction of a new NBA arena, the Intuit Dome, is currently underway. Additional projects include a $1.85 billion people mover stretching over 1.6-miles connecting the L.A. Metro K Line with SoFi Stadium and Intuit Dome.
This very well kept six unit complex consists of 6 2BR 2.5 BA Townhouse style apartment units. Each unit is equipped with a Multi zone HVAC system (one for each floor), Washer & Dryer Hook-ups, Fireplace, Hardwood Floors and the property's underground parking with 14 parking spots adds a sought-after element of convenience. This property provides the right investor an opportunity to acquire a pristine quality asset in one of the nations hottest submarkets. Inglewood is pro-progress, evidenced by the redevelopment of The Forum, the new Light Rail line along Florence and the new, 300 acre, $2.6 billion NFL stadium which is minutes away from the Property. The Hollywood Park redevelopment in Inglewood is one of the most exciting projects to shine a spotlight on sports and entertainment in Los Angeles County. The long-term final buildout of Hollywood Park will include 2,500 homes, 900,000 square feet of office space, 890,000 square feet of retail and a 300-key hotel. The complex has 25 acres of open space featuring a six-acre artificial lake fronting SoFi Stadium. As a result, Inglewoods local economy has thrived along with residential and commercial real estate rents and values soaring to new heights. In addition to Inglewoods entertainment venues such as Kia Forum and SoFi Stadium, host to the 2026 World Cup and 2028 Summer Olympics, the construction of a new NBA arena, the Intuit Dome, is currently underway. Additional projects include a $1.85 billion people mover stretching over 1.6-miles connecting the L.A. Metro K Line with SoFi Stadium and Intuit Dome.
Location
State CA
County Los Angeles
Area Inglewood (90302)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $181
Acceptable Financing Cash
Space Rent $2,950
Listing Terms Cash
Financing Cash
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Bought with Mona Flaum • Pinnacle Estate Properties, Inc.