869 Glenway Drive, Inglewood, California 90302
- $2,680,000
- $2,680,000
Overview
- Apartment, Residential Income
- 3.0
- 7145 Sqft
- 1956
Description
Substantially improved 8 units in Northwest Inglewood including new 2 bed 2 bath ADU. Phenomenal unit mix of (7) 2 bed 1 bath units with private gated yards and (1) 2 bed 2 bath ADU. All eight units have interior washer/dryer connections. New 600 amp electrical service. 12 total parking spaces and the ability to construct an additional one bed ADU in the remaining three garage spaces. Five of eight units have been fully renovated including plumbing and electrical upgrades, new vinyl windows, and wall mounted AC units. 5.27% cap rate on actual financials, adjusting for property taxes. 6.50% pro forma cap rate after renovating the remaining three original units.
Address
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Address: 869 Glenway Drive
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City: Inglewood
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State/county: CA
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Zip/Postal Code: 90302
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Country: US
Details
Updated on February 15, 2024 at 4:11 pm-
Property ID PW23206155
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Price $2,680,000
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Property Size 7145 Sqft
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Land Area 0.3573 Acres
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Garages 3.0
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Year Built 1956
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Roof Composition
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Wall Furnace
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Flooring Laminate
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Urban
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees