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10223 Crenshaw Boulevard

Inglewood, CA 90303
  • $2,100,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: SB22074995
UPDATED: 14 min ago
$2,100,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

Brand New Remodeled asset! 10223 Crenshaw Blvd isa turn-key 6 apartment building located in the heartof Inglewood, just one block from the brand new NFLStadium, NBA Arena and Hollywood Park Development.Unit remodels include new appliances, floors,countertops, cabinets, and A/C systems. All majorsystems have also been replaced including newelectrical, copper plumbing and a new roof. You willnot find a more renovated asset in Inglewood, otherthan new construction. This is the perfect opportunityfor any exchange buyer looking to park cash in a lowmaintenance asset with great cash-flow.10223 Crenshaw Blvd is comprised of (4) 2Bed+1Bathand (2) 1Bed+1Bath units. Beneficial to the new owner,(1) 2Bed+1Bath Unit & (1) 1Bed+1Bath units arecurrently tenant ready. Once tenant ready units are rented, theproperty would operate at 4.43% CAP and 15.10 GRM.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127837233
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10223 Crenshaw Boulevard Inglewood, CA 90303

  • Price: $2,100,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 14 min ago
  • ID#: SB22074995
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1955
Built
Neighborhood:
102 - South Inglewood
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
Brand New Remodeled asset! 10223 Crenshaw Blvd isa turn-key 6 apartment building located in the heartof Inglewood, just one block from the brand new NFLStadium, NBA Arena and Hollywood Park Development.Unit remodels include new appliances, floors,countertops, cabinets, and A/C systems. All majorsystems have also been replaced including newelectrical, copper plumbing and a new roof. You willnot find a more renovated asset in Inglewood, otherthan new construction. This is the perfect opportunityfor any exchange buyer looking to park cash in a lowmaintenance asset with great cash-flow.10223 Crenshaw Blvd is comprised of (4) 2Bed+1Bathand (2) 1Bed+1Bath units. Beneficial to the new owner,(1) 2Bed+1Bath Unit & (1) 1Bed+1Bath units arecurrently tenant ready. Once tenant ready units are rented, theproperty would operate at 4.43% CAP and 15.10 GRM.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.43 Common Interest Community Apartment Community Features BikingCurbsUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 139092 Gross Scheduled Income 139092 Insurance Expense 0 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 92981 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 41938 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning Inm1l*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)