326 Queen St. Inglewood, CA

326, West Queen Street, Inglewood, Los Angeles County, California, 90301, United States
  • $5,500,000

Overview

  • Property Type
  • Multi Family Home
  • 32
  • Bedrooms
  • 28
  • Bathrooms
  • 15122
  • SQ FT
  • 17493
  • Lot SQ FT
  • 1967
  • Year Built

Description

Presenting 326 Queen St, Inglewood! This 16-Unit property has a great unit mix and is in a prime northwest Inglewood location! This property is being offered at a 4.06% CAP, producing $378,132 in gross income. The unit mix is comprised of (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath and (4) 3-bedroom 2-bath units. Tenants enjoy gated and secure entry with gated underground parking, private patios, a beautiful swimming pool and onsite laundry facilities. This offering includes 23 onsite parking and has recently undergone renovations including but not limited to exterior paint, landscaping, and interior renovations to roughly 30% of the units which includes new floors, new kitchens, new bathrooms, paint, electrical and plumbing upgrades as well as new windows! Given the property’s ideal location, strong unit mix, and upside in rent potential, 326 Queen St is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

Highlights

  • 16 Units – (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath, (4) 3-bedroom 2-bath
  • $378,132 in gross income,offered at a 4.06% CAP and 14.55 GRM
  • 30% of units have undergone a recent full renovation, including new kitchens and bathrooms, new flooring, plumbing and electrical upgrades, paint, and new windows
  • Prime northwest Inglewood location, 2 miles from SOFI Stadium.

Details

Updated on March 9, 2022 at 7:15 am
  • Price: $5,500,000
  • Property Size: 15122 SQ FT
  • Land Area: 17493 SQ FT
  • Bedrooms: 32
  • Bathrooms: 28
  • Year Built: 1967
  • Property Type: Multi Family Home
  • Property Status: In Escrow
  • Address 326 W Queen St. Inglewood, CA
  • State/county California
  • Zip/Postal Code 90301

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Contact Information

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Austin Zahn
  • Austin Zahn
  • 310-613-1251

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    Austin Zahn
    • Austin Zahn