*This is to be sold together with 10514 S Inglewood Ave for a total list price of $4,850,000. The APNs are 4036-030-009 and 4036-030-012. They will not be sold separately* Great investment opportunity at 10506-10516 South Inglewood Avenue! 5 units vacant, possibly more! The property contains (4) buildings spread across two separate APN's making for (2) 8 unit buildings per APN. There are (32) total units, all of which are 1 bedroom + 1 bathroom unit mixes. The property offers 26 parking spots in a back lot as well as street parking in front. The Owners have added value through the County of Los Angeles LAWA Residential Sound insulation program, the addition of 32 carrier HVAC's, as well as sound insulation for the roof. They have replaced the doors with Noise rated doors and replaced all the windows with double pane windows. The Owners also replaced the electrical panels for all32 units. With a location in the 90304 zip code area, the property has access to numerous restaurants on Imperial Highway as well as Lennox Park just south of the property.*Chase assumable loan fixed until 10/1/2025 on $1,665,179 at4.6
Courtesy of Keller Williams Downtown LA, Stephen F. Watson.
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