811 Austin Ave
Inglewood, CA 90302
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 17,196 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Lot Size | 0.76 AC | ||
| Zoning | R3, Inglewood - Zoning: R3. One Unit per 1,100sqft. Estimated 30-60 units buildable. *Buyer to Confirm. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 17,196 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | R3, Inglewood - Zoning: R3. One Unit per 1,100sqft. Estimated 30-60 units buildable. *Buyer to Confirm. |
Amenities
Unit Amenities
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
About 811 AUSTIN AVE , INGLEWOOD, CA 90302
Lyon Stahl Investment Real Estate is proud to present 811 Austin Avenue, an eight-unit apartment complex situated on a large 12,881 SF lot located in the highly sought-after NW corridor of Inglewood. All eight units are comprised of 2-bedrooms/1.75-bathrooms and are extremely large, averaging more than 1,275 SF per unit! The units are well laid out and feature walk-in closets. Many of the units have been upgraded with vinyl plank flooring and LED lighting. In addition, every unit has its own private patio or balcony (several are enclosed adding even more living space). The property has gated parking with phone entry allowing tenants access to nine carport spaces (each with a private storage cabinet). Onsite amenities include a laundry room with a washer & dryer and separate storage room. The structure was built in 1961, has a pitched composition shingle roof, and has partial copper plumbing. The annualized gross scheduled income is more than $190,000 and offers potential buyers nearly 15% in rental upside! At $262 PSF this investment opportunity will not last long!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,456,560 | |
| Land Assessment | $3,875,490 | Total Assessment | $5,332,050 |
Property Taxes
