Probate Sale, subject to Court Confirmation and Overbidding in Court. Sale was confirmed in Court on Oct. 27th, 2023. For sale after 68 years! Great 4 units w/ 3 separate garages close to the SoFi Stadium and the Forum! Low maintenance. Great upside in rents. Separately metered for both gas and electricity. Two of the 1 bedroom units (Unit 506 & 506 1/2) are vacant and will be delivered vacant at close of escrow. Large lot, ideal for future development. Seller is a Court-appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS and WHERE IS. Buyer to conduct their own investigations.
Showing Remarks: Drive by, Do Not Contact Occupant(s). Interior will be shown ONLY during scheduled open houses. Please email sales@iagpm.com.
| Property Highlights |
| Street |
506 S Inglewood Ave.
|
| City |
Inglewood
|
| State |
CA
|
| Zip |
90301
|
| Status |
Sold
|
| Property Type |
Multi-family
|
| Asking Price |
$1,000,000.00
|
| Sold Price |
$1,000,000.00
|
| Year Built |
1923
|
| Building Sq Ft |
2,720
|
| Number of units |
4
|
| CAP Rate |
4.86
|
| GRM |
14.01
|
| Value per Square Feet |
$367.65
|
| Broker Name |
Vinny Jain
|
| Telephone |
310-207-2288
|
| Email |
sales@iagpm.com
|
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