702 WALNUT Street, Inglewood, CA 90301

$1,200,000
List Price
$1,200,000
Status
ACTIVE
MLS#
22185001
Year Built
1958
Lot Size
9,595
Acres
0.2203
Days on Market
8
Property Type
Multifamily
Stories
Multi Level

Property Description

Attention Developers/Investors in the Inglewood region: 1.5 miles from the Sofi Stadium. Two buildings on an R3 lot! Front bldg: Divided into 4 units . (All are studios. One has kitchen.) Rear building: Five units. Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft ...Opportunity galore! Cap rate 5.53% when fully rented. Cap rate with two vacant units: 2.54%

Additional Information

Pool Description
None
Heat
Electric
Attached Structure
Detached
Number Of Units Total
9

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Attila Csupo from Listing Office: Corcoran Global Living

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.