808 E Kelso Street, Inglewood, CA 90301

$7,125,000
List Price
$7,125,000
Price Change
▼ $125,000 1631665533
Status
ACTIVE
MLS#
SB21172145
Year Built
1984
Lot Size
18,641
Acres
0.43
Lot Location
Corner Lot, Landscaped
Days on Market
18
Property Type
Multifamily

Property Description

808 E Kelso Street is an 18-unit apartment building located adjacent to the Sofi Stadium in Inglewood. The property has recent undergone $1 million in upgrades including a new HVAC system, new soundproof 4-pane windows, soundproof doors, new central ducting system, new electrical panel, and new 800 AMP dedicated transformer on site. This apartment buildings makes up a total of 15,116 SF in living space situated on a 18,641 SF parcel of land. 808 E Kelso Street offers an ideal unit mix consisting of all 2-bed/1-bath units separately metered for gas & electric. The building features on-site laundry and two gated covered parking spaces for each unit. Given the property’s ideal location, strong unit mix, and significant upside rent potential, 808 E Kelso Street is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

Additional Information

Pool Description
None
Garage Spaces Total
36
Sewer
Public Sewer
Water
Public
Number Of Units Total
18
Gross Scheduled Income
$454,932
Operating Expense
139418

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Brett Lyon from Lyon Stahl Investment Real Estate, Inc.

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.