12
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$1,625,000
Est. payment /mo
6,255 Sqft Lot
Active
905 Victor AVE Inglewood, CA 90302
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25037494
Originating Board California Regional MLS
Year Built 1964
Lot Size 6,255 Sqft
Property Sub-Type Fourplex
Property 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.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Area
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 4017015046
Special Listing Condition Not Applicable
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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.