905 Victor AVE new Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90302
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25037494
HOA Y/N No
Year Built 1964
Lot Size 6,255 Sqft
Property Sub-Type Quadruplex
Property Description
We are pleased to present 905 Victor Avenue, a stabilized 4-unit building located in the most desirable Northwest pocket of Inglewood. The property exceeds 4,300 sq ft and is situated on a large 6,255 sq ft lot with a strong unit mix of all 3-bedroom and 2-bedroom units. Operating at a 5.45% actual CAP rate and 12.78 GRM, the monthly gross income is over $10,500 with upside rent potential. Three of the four units have been completely renovated and two units are eligible for an 8.9% rental increase. Additional features include six carport spaces in the rear and on-site laundry, both providing supplemental income. Investors and owner-users will benefit from the steady income from the property and rising tide of large-scale developments in the City including SoFi Stadium, Hollywood Park, Inuit Dome, and the Inglewood Transit Connector.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 6
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4017015046
Energy Description 480.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard