Property Description

We are pleased to present this great opportunity to purchase an investment property in the booming City of Inglewood. Inglewood is the hottest market for multifamily properties in Southern California. With Multi-Billion Dollar improvements taking place right down the street, these apartments are the best long term investments available. The site is located just west of Prairie and north of Manchester. The unit mix consists of four-two bedroom and eight-one bedroom units. The units average almost 800 square feet each and the structures were built in 1958. The property has been well maintained but there is tremendous upside potential with an aggressive renovation-upgrade program which would allow for a significant increase in rents. Currently, there is no rent control in the City of Inglewood. There is carport parking available for all tenants. Please do not walk on property or disturb tenants in any way. Addresses are 620 and 624 Aerick Street.

Features
2
: See Remarks
: Carport Detached
Address Map
AERICK
620
Street
0
W119° 39' 14.3''
N33° 57' 48.1''
MLS Addon
CLW-X06070
INR3YY
CLW-X02104
4021002006
: Standard
Listing Credit:
Jerome
McAlpin
McAlpin & Company

Residential Income

620 AERICK Street, Inglewood, California 90301

9,288 Sqft
$4,000,000
Listing ID #18417500
Basic Details
Property Type : Residential Income
Listing ID : 18417500
Price : $4,000,000
Rooms : 0
Square Footage : 9,288 Sqft
Year Built : 1958
Lot Area : 0.31 Acre
Price Per Square Foot : $431
Lot Size Square Feet : 13,438 Sqft
Status : Active
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