120 W Hillsdale St Pending Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90302
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,440 sqft
Price per Sqft $304
MLS Listing ID 24-429299
Bedrooms 9
Year Built 1958
Lot Size 7,766 Sqft
Acres 0.1783
Property Description
We are proud to present this 4-unit apartment in the highly desirable northwest Inglewood area! Consisting of 4 oversized units north of Centinela, this property offers a unique opportunity to acquire the perfect owner-user or investment opportunity in the City of Champions!On the market for the first time in over 20 years, the offering features a total of 4 apartment units consisting of 4,440 total building square feet. The unit mix comprises of three 2-bedroom/1-bathroom units and one 3-bedroom/1.5-bathroom owner's unit. Each unit includes a washer/dryer hookup allowing a new owner to maximize rental upside upon tenant turnover. In the back, there are 4 single car garages along with ample street parking as the area consists of mainly single-family homes and smaller multifamily properties. Electricity and gas are individually metered for each unit keeping utility costs relatively low. Rents are due for increases April 2025 and can be increased 10% per Inglewood rent control (buyer to verify). Recent capital improvements include new exterior paint in 2021. All tenants are month to month at the property. Sitting north of Centinela Ave and west of La Brea Ave, this area of Inglewood is the most desirable pocket of the city. Single family homes north of Centinela sell for $1M+ making this opportunity highly attractive for a potential owner-user looking to occupy the 3-bedroom owner's unit while renting the three units in the back for additional income. Do not miss your opportunity to acquire this incredible property in the city of Inglewood!
Location
State CA
County Los Angeles
Area North Inglewood
Zoning INP1YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Other
Laundry In Unit
Exterior
Garage Garage
Garage Spaces 4.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard