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343 Warren Lane

Inglewood, CA 90302
  • $2,475,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 22219371
UPDATED: 27 min ago
$2,475,000
  • 16
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,774
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Jonathan Nikfarjam of Shield Cre, Inc. (310-593-9869)


Description

Outstanding North Inglewood Location | Tremendous Value-Add Opportunity - Approximately 55% in Rental Upside | 8.05% Pro-Forma CAP Rate & 9.57 Pro-Forma GRM | Located within 1.5 Miles of SoFi Stadium & The Forum, and 2 Miles of Intuit Dome (NBA Clippers Arena) | 4.48% Current CAP Rate & 14.85 Current GRM | All 2-Bedroom Units with 2 Parking Spaces Each (Total of 16 Parking Spaces) | Large 12,269-Square Foot Lot | Two Units are Extensively Renovated & Some Units Contain Private Balconies | Security Camera System | On-Site Laundry Facility Generates Additional Annual Income | Close Proximity to Hollywood Park Tomorrow, Crenshaw/LAX Metro Line, SpaceX, Tesla Design Center & LAX Airport

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-01T12:33:21.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
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343 Warren Lane Inglewood, CA 90302

  • Price: $2,475,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 27 min ago
  • ID#: 22219371
16
Beds
0
Baths
0
½ Baths
0.28
Acres
6,774
SQFT
$365
$/SQFT
1960
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Outstanding North Inglewood Location | Tremendous Value-Add Opportunity - Approximately 55% in Rental Upside | 8.05% Pro-Forma CAP Rate & 9.57 Pro-Forma GRM | Located within 1.5 Miles of SoFi Stadium & The Forum, and 2 Miles of Intuit Dome (NBA Clippers Arena) | 4.48% Current CAP Rate & 14.85 Current GRM | All 2-Bedroom Units with 2 Parking Spaces Each (Total of 16 Parking Spaces) | Large 12,269-Square Foot Lot | Two Units are Extensively Renovated & Some Units Contain Private Balconies | Security Camera System | On-Site Laundry Facility Generates Additional Annual Income | Close Proximity to Hollywood Park Tomorrow, Crenshaw/LAX Metro Line, SpaceX, Tesla Design Center & LAX Airport
Exterior Features

Number Of Separate Electric Meters 8 Parking Features CoveredGarage Parking Total 16

Property Features

Association YN No Cap Rate 4.48 Garage YN Yes Gross Income 169536 Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 110822 New Construction YN No Number Of Separate Gas Meters 8 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-01T12:33:21.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Jonathan Nikfarjam of Shield Cre, Inc. (310-593-9869)