905 Victor Avenue
Inglewood, CA 90302
0.14 acres | #SB25037494
Description
We are pleased to present 905 Victor Avenue, a stabilized 4-unit building located in the most desirable Northwest pocket of Inglewood. The property exceeds 4,300 sq ft and is situated on a large 6,255 sq ft lot with a strong unit mix of all 3-bedroom and 2-bedroom units. Operating at a 5.45% actual CAP rate and 12.78 GRM, the monthly gross income is over $10,500 with upside rent potential. Three of the four units have been completely renovated and two units are eligible for an 8.9% rental increase. Additional features include six carport spaces in the rear and on-site laundry, both providing supplemental income. Investors and owner-users will benefit from the steady income from the property and rising tide of large-scale developments in the City including SoFi Stadium, Hollywood Park, Inuit Dome, and the Inglewood Transit Connector.
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Lot DescriptionLandscaped
- Original List Price$1,625,000
- MLS #SB25037494
- Property SubtypeQuadruplex
- MLS #SB25037494
- Cost1625000
- Acres0.1436
- Utility SourcePublic
- Year Built1964
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Larson Harley (#SBHARLLAR)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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