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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