10203 England Avenue, Inglewood, CA 90303

$1,998,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,998,000
Status
ACTIVE
MLS#
PV26199108
Year Built
1956
Lot Size
9,052
Acres
0.21
Lot Location
Sprinkler System
Days on Market
1
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

9-Unit Multifamily Investment Opportunity Near SoFi Stadium – Inglewood Excellent opportunity to acquire a 9-unit multifamily property at 10203 England Ave in Inglewood. The property features an attractive unit mix of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, approximately 5,994 SF of building area on a 9,052 SF lot, and an impressive 10 enclosed garage parking spaces. The property has been improved with new dual-pane windows and currently features two vacant 1-bedroom units, offering an incoming investor immediate lease-up potential. In addition to residential rental income, the property generates additional income from on-site laundry and storage. Ideally located near SoFi Stadium, Hollywood Park, Intuit Dome and Kia Forum, the property provides convenient access to major employment centers, entertainment, shopping, dining and transportation throughout the greater Los Angeles area. A compelling opportunity to acquire a well-located Inglewood multifamily asset with existing rental income, additional laundry and storage income, immediate lease-up potential, and substantial on-site garage parking. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY. DRIVE-BY ONLY. Contact listing agent for additional information.

Additional Information

Pool Description
None
Cooling Description
None
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$193,716
Operating Expense
33842

Listing courtesy of Listing Agent: Michael Hermosillo (michael@precisionamc.com) from Listing Office: MAH Real Estate Services.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.