Inglewood, CA 90303,10242 S 10TH AVE S
$500,000
$550,000
9.1%
Est.Price: ?

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6,882 Sqft Lot

10242 S 10TH AVE S Inglewood, CA 90303

Est. payment /mo
SOLD DATE : 09/14/2012

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Key Details

Sold Price $500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P814858

Year Built 1955

Lot Size 6,882 Sqft

Property Description

This 5-unit apartment building is located just off Crenshaw Blvd on 10th Ave. and is located across the street from Morningside High School. This investment opportunity 5-units on one large 6,913 sq. ft. lot. Four of the units have two bedrooms and one bath & one unit has one bedroom and one bath. The rents are significantly below market and be raised to increase monthly cash flow. This property is being offered for sale at $550,000 which is $110,000/unit, $132.47/sq. ft. and a 10.02 gross rent multiplier. This investment property will not last long!

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Exterior

View Y/N No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Martin Ensbury • Re/Max Commercial
Bought with Martin Ensbury • RE/MAX Commercial & Inv Realty

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agent

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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