10235 S 10th Ave Active Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90303
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,474 sqft
Price per Sqft $293
MLS Listing ID 25558789
Bedrooms 8
Year Built 1956
Lot Size 6,907 Sqft
Acres 0.1586
Property Sub-Type Multi-Family
Property Description
We are Pleased to Present 10235 & 10239 S.10th Ave in Prime Inglewood Village. This 12-Unit Valuable Asset is Perfectly Situated within 0.7 mile of Costco & 1.4 miles of Hollywood Park, a Mixed-Use Complex with Various Fun Attractions, including SoFi Stadium, YouTube Theater plus numerous Retail and Dining Options. This Gated Community consists of two 1956 Built Structures, Totaling 12 units on a 13,817 Square Feet lot with Alley Access. Each Building Offers two 2+1 (approx. 920sf each) & four 1+1 (approx. 650 sf) Apartments. 10235 S. 10th Ave has 1 Vacancy (unit #2), providing the New owner an Opportunity to Secure Market Rent at $1,850/Mo, reflected in the Projected Rents. The Majority of Units have been Tastefully Updated with Modernized Bathrooms & Kitchens. All units have Individual Water Heaters. Each unit is Individually Metered for Gas & Electric (2023). Newer Laminate Flooring ,except one with Tile floors. New Windows, New Doors, New AC/Ductwork, New Meters, New Outlets per Code through the LAX Soundproofing Project Grant. 6 Single, Gated Parking Stalls per Building, 12 in total, and a Community Coin-operated Washer/Dryer for Tenant Convenience. Potential to add two ADU's, Buyer to verify with Building & Zoning Authorities. Per City of Inglewood's Rent Control Ordinance, Annual Rental Increase Allowable is 3% or the cost of inflation (whichever is greater), as measured by the Consumer Price Index (CPI), Buyer to do their own Due Diligence. Both Buildings must be Sold together. Shown with Accepted Offer Only. Please do not Disturb Tenants.
Location
State CA
County Los Angeles
Area South Inglewood
Zoning INM1L*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Air Conditioning, Central
Equipment Garbage Disposal, Range/Oven
Laundry Community
Exterior
Parking Features Covered Parking, Detached, Gated
Garage Spaces 6.0
Pool None
Building
Story 2
Level or Stories One
Others
Special Listing Condition Standard