Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    905 Victor Avenue, Inglewood, CA 90302
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    905 Victor Avenue
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    • MLS#: SB25037494 ( Quadruplex )
    • Street Address: 905 Victor Avenue
    • Viewed: 1
    • Price: $1,625,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 0
    • Days On Market: 15
    • Additional Information
    • County: LOS ANGELES
    • City: Inglewood
    • Zipcode: 90302
    • Provided by: Lyon Stahl Investment Real Estate, Inc.
    • Contact: Larson Larson
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are pleased to present 905 Victor Avenue, a stabilized 4 unit building located in the most desirable Northwest pocket of Inglewood. The property exceeds 4,300 sq ft and is situated on a large 6,255 sq ft lot with a strong unit mix of all 3 bedroom and 2 bedroom units. Operating at a 5.45% actual CAP rate and 12.78 GRM, the monthly gross income is over $10,500 with upside rent potential. Three of the four units have been completely renovated and two units are eligible for an 8.9% rental increase. Additional features include six carport spaces in the rear and on site laundry, both providing supplemental income. Investors and owner users will benefit from the steady income from the property and rising tide of large scale developments in the City including SoFi Stadium, Hollywood Park, Inuit Dome, and the Inglewood Transit Connector.
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    Features
    Building Area Total
    1. 4335.00
    Carport Spaces
    1. 6.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 10
    Electric Expense
    1. 600.00
    Entry Location
    1. Front
    Fireplace Features
    1. None
    Fuel Expense
    1. 480.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 300.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 4335.00
    Laundry Features
    1. Common Area
    Laundry Income
    1. 35.00
    Levels
    1. Two
    Lot Features
    1. Landscaped
    Netoperatingincome
    1. 88602.00
    Newtaxesexpense
    1. 21209.00
    Parcel Number
    1. 4017015046
    Pool Features
    1. None
    Postalcodeplus4
    1. 2652
    Property Type
    1. Quadruplex
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 432538213:CRM
    Totalactualrent
    1. 10460.00
    Totalexpenses
    1. 34724.00
    Trash Expense
    1. 0.00
    Vacancyallowance
    1. 3814
    Water Sewer Expense
    1. 4800.00
    Water Source
    1. Public
    Year Built
    1. 1964
    Year Built Source
    1. Assessor
    Zoning
    1. INR3YY
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836