Highlights

• 8 Units, (5) 1-bedroom 1-bathroom, (2) 2-bedroom 1-bathroom, (1) studio
• $149,904 Gross Income, Offered at 4.83% Cap Rate & 13.56 GRM.
• Well kept building, located close to SoFi Stadium & Downtown Inglewood

Introducing 720 Walnut St, an 8 unit apartment building located within close proximity to SoFi Stadium and Downtown Inglewood. The unit mix consists of (5) 1 bedroom 1 bathroom, (2) 2 bedroom 1 bathroom, and (1) studio. The property is currently operating at a 4.83% Cap Rate and 13.56 GRM. The pro-forma Cap Rate is 6.05% and pro-forma GRM is 11.58. This the perfect opportunity for an investor to step into cash flow and grow rents.