703 Walnut St, Inglewood, CA 90301

$1,125,000 | 3,085 | 5-bedroom 5-bath

Introducing 703 Walnut St, Inglewood. This property is a 5-Unit investment property consisting of (5) 1-Bedroom 1-Bathroom units. Each unit comes with its own garage space and is separately metered for gas and electricity. The property is currently operating at 4.01% with a pro-forma cap rate of 6.96%. Located between Hillcrest Blvd and Buckthorne St the property is minutes from the 405, SoFi Stadium, The Forum, and LAX. Sale of the property is subject court approval and offers must be non contingency. Please contact the agent to access units and due diligence.

Highlights

• 5 Units, all 1-bedroom 1-bathroom
• $70,800 gross income, offered at
• 4.01% cap rate & 15.89 GRM
• Pro-forma cap rate 6.96% & Pro-forma GRM 10.71
• 5 garage spaces