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About the Listing sb1310620 - SBLYONBRE,PWSTAWOO
This five-unit apartment property in Lennox (Unincorporated Los Angeles County) consists of approximately 4,195 square feet situated on a 12,737 square foot lot. Built in 1957, the property features an attractive unit mix of four 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit. Offered at a 6.32% Current CAP Rate and 10.80 Current GRM, the property presents investors with the opportunity to acquire a well-located multifamily asset. The property offers strong income growth potential, achieving a projected 8.11% Market CAP Rate and 8.60 Market GRM. The property includes five garages with remote controlled electric garage door openers and has private yard areas for the front and rear units. These features enhance tenant appeal and contribute to the long-term desirability of the asset. Conveniently located near LAX, major transportation corridors, retail amenities, and employment centers throughout the South Bay and greater Los Angeles area, this offering presents an attractive opportunity to acquire a multifamily investment with strong in-place income and future upside potential.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
SB26126976
Year Built
1957
Total Square Footage
4,195
Lot/Acreage
0.29
County
Los Angeles
Area
105 - Lennox
Interior Details
- Bedrooms: 11
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 5
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4038026013
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
10605 Buford Ave Inglewood, CA 90304
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