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    1/2 BATHS
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Listing Details

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School Ratings & Info

Description

This low maintenance 3,432 SF 5-Unit Multi-Family Apartment Complex sits on a 6,596 SF LA-R3 zoned lot. The property includes 2 buildings with a total of 5 units. The building facing Acacia Ave. is a 2-story Fourplex consisting of (4) 1bedroom / 1 bath units. The building to the rear of the property is a Single Family Residence. The SFR is a 4 bedroom / 2 bath unit(one of the bedrooms is nonconforming). All tenants are currently on a month to month tenancy. The offering has been recently renovated and all units have central HVAC systems! Each unit also is separately metered for gas & electrical. The site has on-site parking in addition to ample street parking. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a lowmaintenance multi-family property in a growing area within walking distance to public transportation, parks, and shopping areas.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T23:42:40.217. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/119038734
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10933 Acacia Ave Inglewood, CA 90304

  • Price: $1,295,000
  • Status: Active
  • Updated: 51 min ago
  • MLS #: 21-757676
8
Beds
0
Baths
0
½ Baths
0.15
Acres
3,432
SQFT
$377
$/SQFT
1957
Built
Neighborhood:
Lennox
County:
Los Angeles
Area:
Lennox
Property Description
This low maintenance 3,432 SF 5-Unit Multi-Family Apartment Complex sits on a 6,596 SF LA-R3 zoned lot. The property includes 2 buildings with a total of 5 units. The building facing Acacia Ave. is a 2-story Fourplex consisting of (4) 1bedroom / 1 bath units. The building to the rear of the property is a Single Family Residence. The SFR is a 4 bedroom / 2 bath unit(one of the bedrooms is nonconforming). All tenants are currently on a month to month tenancy. The offering has been recently renovated and all units have central HVAC systems! Each unit also is separately metered for gas & electrical. The site has on-site parking in addition to ample street parking. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a lowmaintenance multi-family property in a growing area within walking distance to public transportation, parks, and shopping areas.
Exterior Features

Direction Faces East Levels Two Lot Location None Lot Size Area 6596 Other Structures None Parking Garage None Paved YN Yes Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Baths Total 6.00 Common Walls Attached Cooling Air ConditioningCentral Equipment None Fireplace Rooms None Heating Central Laundry None Water Heater Features Gas

Property Features

Alley YN No Assessed Total Value 846600 Gross Income 108192 Gross Operating Income 108192 Like Units1 4 Like Units2 1 Net Operating Income 75026.00 Number Of Buildings 2 Number Of Units 5 Sale Type Standard Security Features None Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 33166 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lcr3py

Listing provided courtesy of David Yashar DRE#01102638 of Keller Williams Realty Westside.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T23:42:40.217. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210