905 Victor Avenue, Inglewood, CA 90302
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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
- DMCA Notice
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DescriptionWe 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.
Property Location and Similar Properties
Features
Building Area Total
- 4335.00
Carport Spaces
- 6.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Cooling
- None
Country
- US
Days On Market
- 10
Electric Expense
- 600.00
Entry Location
- Front
Fireplace Features
- None
Fuel Expense
- 480.00
Garage Spaces
- 0.00
Gardner Expense
- 300.00
Heating
- Wall Furnace
Insurance Expense
- 4335.00
Laundry Features
- Common Area
Laundry Income
- 35.00
Levels
- Two
Lot Features
- Landscaped
Netoperatingincome
- 88602.00
Newtaxesexpense
- 21209.00
Parcel Number
- 4017015046
Pool Features
- None
Postalcodeplus4
- 2652
Property Type
- Quadruplex
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 432538213:CRM
Totalactualrent
- 10460.00
Totalexpenses
- 34724.00
Trash Expense
- 0.00
Vacancyallowance
- 3814
Water Sewer Expense
- 4800.00
Water Source
- Public
Year Built
- 1964
Year Built Source
- Assessor
Zoning
- INR3YY