940 Larch St | Inglewood, CA 90301
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This Multifamily Property is no longer advertised on LoopNet.com.
940 Larch St
Inglewood, CA 90301
CRAZY LOW 3.19% ASSUMABLE $2.75MM LOAN! · Multifamily Property For Sale
·
18 Units

Investment Highlights
- 'Bigger' Inglewood bldg on a large lot.
- Renovated lobby, newer windows, rehabbed units.
- Ease of operation, effective vacancy rate of 0+/-.
- The SoFi submarket is Inglewood's most dynamic.
- 5% cap on current...6.5% cap over time.
- $2.75MM ASSUMABLE LOAN AT 3.19% - lender will underwrite the assumption at a higher rate; the loan amount will drop a bit, but still excellent option.
Property Facts
| No. Units | 18 | Building Size | 12,665 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.42 AC | ||
| Zoning | R3, Inglewood - Multiple Dwelling Zone | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 12,665 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Inglewood - Multiple Dwelling Zone |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 650 |
| 2+1 | 5 | - | 900 |
Property Taxes
| Parcel Number | 4024-015-026 | Improvements Assessment | $733,526 |
| Land Assessment | $1,711,577 | Total Assessment | $2,445,103 |
Property Taxes
Parcel Number
4024-015-026
Land Assessment
$1,711,577
Improvements Assessment
$733,526
Total Assessment
$2,445,103
Listing ID: 31481873
Date on Market: 4/11/2024
Last Updated:
Address: 940 Larch St, Inglewood, CA 90301
The Multifamily Property at 940 Larch St, Inglewood, CA 90301 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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