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919 S Prairie Ave
Inglewood, CA 90301
Stadium View Apartments · Multifamily Property For Sale
·
50 Units
PROPERTY FACTS
| No. Units | 50 | Lot Size | 0.71 AC |
| Property Type | Multifamily | Building Size | 26,353 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Zoning | C2, Inglewood | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 26,353 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | C2, Inglewood |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
ABOUT 919 S PRAIRIE AVE , INGLEWOOD, CA 90301
Marcus & Millichap is pleased to present 919 South Prairie Avenue located in Inglewood, California, just across the street from the Los Angeles Stadium at Hollywood Park Development, future home of the Los Angeles Rams and Los Angeles Chargers. Not subject to rent control regulations, an owner in the city of Inglewood can take full advantage of renting the apartment units of the subject property at market rents. The offering comprises of a 1959-construction building that contains forty-three (43) studios, five (5) one-bedroom/one-bath units, one (1) two-bedroom/one-bath manager's unit, and one (1) bachelor unit. Units 1-14 are master metered and the remaining are separately metered for gas and electricity. There are 44 parking spaces that are mostly gated and covered. There is an opportunity for extra income from this parking as well as on-site laundry. With strong cash-flow opportunity upon purchase of the property, 919 South Prairie Avenue presents an excellent investment opportunity.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 43 | - | - |
| Studios | 1 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 4024-008-020 | Improvements Assessment | $2,816,137 |
| Land Assessment | $8,475,755 | Total Assessment | $11,291,892 |
PROPERTY TAXES
