6720 West Boulevard

    Los Angeles (City), CA 90043
    • $1,899,800
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 19472880
    UPDATED: 30 min ago
    $1,899,800
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,720
      SQFT
    • $283
      $/SQFT
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    9.2% CAP RATE 8 UNIT, 10,285 SF LOT C2 ZONE TOC Tier 3, NEXT TO RAMS, FULLY RENOVATED 3 UNITS, 3 UNIT TO BE DELIVERED VACANT, Boasting over 6,720 SF living space, sitting on a massive 10,285 SF lot, this rare one of a kind, 8 X 2 Beds and 1 bath 8 plex in Inglewood that currently produces great market rate rental income addition to tremendous upside potential is priced just right for a quick sale. C2 Zoned which allows R4 use with TOC tier 3 benefits on 10,285 SF Lot, this property may be allowed to build up to 45 units on this single lot (buyer to verify)Florence/West LA Metro rail which will connect to LAX is only 0.1 Mile south, just under 9 minute drive to the brand new 80,000 seat NFL Rams stadium, less than 2 miles away from the planned Hollywood Park development which will include about 500,000 SF retail & entertainment and more than 2500 residential units, this property's location screams for investors attention.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T21:43:10.433. 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. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/95414400

    6720 West Boulevard Los Angeles (City), CA 90043

    • Price: $1,899,800
    • Status: Active
    • Updated: 30 min ago
    • ID#: 19472880
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    6,720
    SQFT
    $283
    $/SQFT
    1950
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    9.2% CAP RATE 8 UNIT, 10,285 SF LOT C2 ZONE TOC Tier 3, NEXT TO RAMS, FULLY RENOVATED 3 UNITS, 3 UNIT TO BE DELIVERED VACANT, Boasting over 6,720 SF living space, sitting on a massive 10,285 SF lot, this rare one of a kind, 8 X 2 Beds and 1 bath 8 plex in Inglewood that currently produces great market rate rental income addition to tremendous upside potential is priced just right for a quick sale. C2 Zoned which allows R4 use with TOC tier 3 benefits on 10,285 SF Lot, this property may be allowed to build up to 45 units on this single lot (buyer to verify)Florence/West LA Metro rail which will connect to LAX is only 0.1 Mile south, just under 9 minute drive to the brand new 80,000 seat NFL Rams stadium, less than 2 miles away from the planned Hollywood Park development which will include about 500,000 SF retail & entertainment and more than 2500 residential units, this property's location screams for investors attention.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Cap Rate 92.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 385528 Land Value 578294 Laundry YN Yes Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lac2

    Listing provided courtesy of Vinnie Park of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T21:43:10.433. 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. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024