720 Walnut St, Inglewood.

720, Walnut Street, Inglewood, Los Angeles County, CAL Fire Southern Region, California, 90301, United States
  • $2,050,000

Overview

  • Property Type
  • Multi Family Home
  • 9
  • Bedrooms
  • 8
  • Bathrooms
  • 4270
  • SQ FT
  • 9550
  • Lot SQ FT
  • 1940
  • Year Built

Description

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.

Details

Updated on January 26, 2023 at 9:28 am
  • Price: $2,050,000
  • Property Size: 4270 SQ FT
  • Land Area: 9550 SQ FT
  • Bedrooms: 9
  • Bathrooms: 8
  • Year Built: 1940
  • Property Type: Multi Family Home
  • Property Status: For Sale
  • Address 720 Walnut St, Inglewood, CA
  • City Inglewood
  • 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