Listed by Kim Real Estate, Inc
$1,299,000
719 E 65th
Details
APN 4014020003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,137
Units 4
Cap Rate 4.19%
NOI $56,539
Price per SqFt $253
Year Built 1966
Buildings 1
Stories 2
Acreage 0.135
Zoning Assessor
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.17
Investment Type Owner/User
Sale Condition 1031 exchange
Multifamily | 4.19% CAP | 4 Units
Marketing description
Excellent investment opportunity in the highly desirable city of Inglewood! This 4-unit property offers strong income potential with one unit currently vacant, making it ideal for an owner-occupant or investor looking to maximize returns. Unit #1 is a spacious 4-bedroom, 2-bath unit and is projected at $3,400/month in the pro forma, presenting immediate upside. This unit is perfect for buyers utilizing owner-occupied financing while generating rental income from the remaining units. The property also features 5 garages, including a front garage with excellent ADU conversion potential (buyer to verify), creating an opportunity for additional income. With its prime location near major freeways, shopping, and entertainment, this property offers both current income and future growth potential.
Listing Contacts
Listed by Kim Real Estate, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,539.00
$4,711.58/mo
Valuation Metrics
0
DSCR
4.35%
Cap Rate
4.35%
ROI
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