917 Kenwood Street, Inglewood, California 90301
- $2,650,000
- $2,650,000
Overview
- Apartment, Residential Income
- 16.0
- 8086 Sqft
- 1988
Description
We are pleased to present 917 Kenwood Street, Inglewood, a tremendous value-add opportunity. This 8-unit investment is nestled in a prime residential neighborhood within the trending community of Inglewood. All the units are spacious 2-bedroom / 1 bath, (+/- 1, 010 square feet). The in-place rent rates average $1, 860 monthly / $1.84 per sq.ft. With approximately 35% in rental upside, there is ample room to increase revenue in line with the growing demand of Inglewood’s thriving rental market. Recent improvements include brand-new A/C systems, upgraded electrical systems and double-pane windows, ensuring energy efficiency and tenant comfort. The building features an on-site laundry facility (operating on a month-to-month contract), gated entries, and ample parking – two parking spaces per unit. Each unit is equipped with a separate gas and electric meter. The ideal location is near to an array of shops, dining, major entertainment, recreation options, transportation, and employment. Whether you’re a seasoned investor looking to expand your portfolio or seeking to enter the market, this 8-unit investment offers a blend of upgrades, strategic location, and the ability to increase rental income. A perfect combination of stability and growth potential.
Address
Open on Google Maps-
Address: 917 Kenwood Street
-
City: Inglewood
-
State/county: CA
-
Zip/Postal Code: 90301
-
Country: US
Details
Updated on October 31, 2023 at 12:41 am-
Property ID SB23166237
-
Price $2,650,000
-
Property Size 8086 Sqft
-
Land Area 0.2059 Acres
-
Garages 16.0
-
Year Built 1988
-
Property Type Apartment, Residential Income
-
Property Status Closed
Additional details
-
Listing Terms Cash to New Loan
-
Roof Shingle
-
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
-
Sewer Public Sewer
-
Cooling Central Air
-
Heating Central
-
Flooring Carpet, Laminate, Tile
-
County Los Angeles
-
Property Type Residential Income
-
Pool None
-
Parking Assigned, Controlled Entrance, On Site
-
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated, Park
-
Architectural Style Traditional
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees