Property Detail

Description

Location, Location, Location! 3 Blocks from The Forum, SoFi Stadium & the Upcoming Inglewood Transit Connector (ITC) and 1 Mile from Intuit Dome | Completely Renovated with City of Inglewood/LAX Sound Insulation Program - Double/Triple Pane Windows, All New Electrical, New Special Doors, Individual HVACs, Etc. | New Silicone Roof (2025) | Desirable ADU Potential - Possibility to Add 3 ADUs | Units Upgraded with Vinyl Plank Flooring & LED Lighting |All Units Contain Balconies - Property Received SB 721 Approval | 5.84% Current Cap Rate & 11.40 Current GRM | 7.29% Pro-Forma Cap Rate & 9.68 Pro-Forma GRM | Exterior Completely Painted & Repaired (2025) | Gated Building with Telephone Entry, On-Site Laundry & Large Storage Room | Total of 12 Carports with Storage Cabinets | Main Electrical & Electrical Subpanels Per Current Code | Soundproof Concrete Subfloors, Partial Copper Plumbing & Two Units with Fireplaces | Property Presents Condominium Conversion Potential Compelling Opportunity for Future Value Enhancement (Buyer to Verify)