3106 W 84TH Street

    Inglewood, CA 90305
    • $1,490,000
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: 19470302
    UPDATED: 82 min ago
    $1,490,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,497
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Spacious Morningside Park 6 unit building with some upgrades. This charming 6 unit apartment building consisting of Four 2 bedrooms 1 baths and two one bedrooms 1 bath. Each unit has it's own private one car garage with driveway parking in front. All 2 bedroom units have private laundry rooms and dining room. The building has recently had the city of Inglewood sound insulation program completed, new windows, updated electrical system, with the roof approved as well. Six A/C compressor installed on the roof. Great visibility on a corner lot less than a mile from the new Crenshaw Light Rail Line Station! City of Champions / the Los Angeles Stadium and Entertainment District at Hollywood Park is well on it's way and, along with the Forum makes this property very desirable. Rents are low and some cosmetic repairs needed, however this spacious building has great upside for the patience investor. MAJOR PRICE REDUCTION of $300,000

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T17:49:06.667. 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 Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/95236873

    3106 W 84TH Street Inglewood, CA 90305

    • Price: $1,490,000
    • Status: Active
    • Updated: 82 min ago
    • ID#: 19470302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,497
    SQFT
    $271
    $/SQFT
    1949
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    Spacious Morningside Park 6 unit building with some upgrades. This charming 6 unit apartment building consisting of Four 2 bedrooms 1 baths and two one bedrooms 1 bath. Each unit has it's own private one car garage with driveway parking in front. All 2 bedroom units have private laundry rooms and dining room. The building has recently had the city of Inglewood sound insulation program completed, new windows, updated electrical system, with the roof approved as well. Six A/C compressor installed on the roof. Great visibility on a corner lot less than a mile from the new Crenshaw Light Rail Line Station! City of Champions / the Los Angeles Stadium and Entertainment District at Hollywood Park is well on it's way and, along with the Forum makes this property very desirable. Rents are low and some cosmetic repairs needed, however this spacious building has great upside for the patience investor. MAJOR PRICE REDUCTION of $300,000
    Exterior Features

    Carport Spaces 6.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Attached CarportCovered Parking Total 6.00 Parking YN Yes

    Interior Features

    Appliances Disposal Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features Gas Dryer HookupSee Remarks

    Property Features

    Cap Rate 6.60 Garage Income 0.00 Gross Multiplier 13.00 Gross Operating Income 136800.00 Gross Scheduled Income 72600.00 Gross Spendable Income 72600.00 Improvements Amount 398686 Insurance Expense 4200.00 Land Value 105966 Laundry YN Yes Licenses Expense 120.00 Net Operating Income 119664.00 Special Listing Conditions Standard Total Expenses 17136.00 Trash Expense 1200.00 Water Sewer Expense 2825.00 Zoning Inr3yy

    Listing provided courtesy of Theodis'ted' Brass of Ted Brass Real Estate Solution


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T17:49:06.667. 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 Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024