Inglewood, CA 90302,905 Victor AVE
Inglewood, CA 90302,905 Victor AVE
Inglewood, CA 90302,905 Victor AVE
Inglewood, CA 90302,905 Victor AVE
Inglewood, CA 90302,905 Victor AVE
Inglewood, CA 90302,905 Victor AVE
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$ 1,625,000
Est. payment | /mo

6,255 Sqft Lot


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$ 1,625,000
Est. payment | /mo
Save

6,255 Sqft Lot

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

California Regional MLS (CRMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 424-6976

jasleen@jasleenrealtor.com

10146 Balboa Blvd, Hills, CA, 91344

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905 Victor AVE