915 Enterprise Ave | Inglewood, CA 90302
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- LoopNet Team
915 Enterprise Ave
Inglewood, CA 90302
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena)
- Outstanding Unit Mix of (One) 3-Bed/2-Bath Unit, (Four) 2-Bed/2-Bath Units & (One) Non-Conforming Studio Unit | Large 7,501-SF Lot | 8 Parking Spaces
- Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into ADU - Buyer to Verify | Private Balconies & On-Site Laundry & 8 Parking
- 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR
- Desirable Opportunity to Add Up to 4 ADUs - Buyer to Verify | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026
- Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro, SpaceX, Tesla, LAX & Upcoming $1 Billion Inglewood Transit Connector Project
PROPERTY FACTS
| No. Units | 6 | Building Size | 5,435 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,435 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | R1 |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $2,502 | - |
| 2+2 | 4 | $1,779 | - |
| Studios | 1 | $1,295 | - |
PROPERTY TAXES
| Parcel Number | 4017-006-021 | Improvements Assessment | $688,500 |
| Land Assessment | $816,000 | Total Assessment | $1,504,500 |
PROPERTY TAXES
Parcel Number
4017-006-021
Land Assessment
$816,000
Improvements Assessment
$688,500
Total Assessment
$1,504,500
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