617 E 97th St, Inglewood, CA 90301
- $7,500,000
- 44
- BD
- 36
- BA
- 19,014
- SqFt
- List Price
- $7,500,000
- MLS#
- 23-302313
- Year Built
- 1988
- Bedrooms
- 44
- Bathrooms
- 36
- Living Sq. Ft
- 19,014
- Lot Size
- 17,953
- Days on Market
- 36
- Property Type
- Multifamily
Property Description
Phenomenal Location, Steps to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) *Large Units Averaging 1,056 SF (all two's and three's), Built in 1988 *Spacious units averaging over 938 square feet *No city rent control *Most units renovated or Partially renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except two) *Assumable Fixed Rate Loan: 3.54% interest rate *Rents shown are averages * PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
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Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Gated, Covered Parking, Controlled Entrance
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Courtesy of , Adrienne Barr - CA DRE#
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