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212 E Tamarack Avenue

Inglewood, CA 90301
  • $3,800,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 21101769
$3,800,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent: John Katnik of James Capital Advisors, Inc.


Description

Prime Inglewood Location - The building lies only a half of a mile away from SoFi Stadium and renowned LA Forum. Value-Add Opportunity - With rents below market, an investor can capture the upside as units turnover. Capital Improvements and Building Amenities - The property was renovated with central AC / heating and soundproof windows and doors. over half of the units feature granite countertops and newer appliances. The central water heater was recently replaced and major renovation was completed to the sewer and drain lines. Subterranean Parking and Laundry On-Site - The property features 12 secured parking spaces as well as on-site laundry.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123038055
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212 E Tamarack Avenue Inglewood, CA 90301

  • Price: $3,800,000
  • Status: Active
  • On Site: 33 Days
  • ID#: 21101769
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1960
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Prime Inglewood Location - The building lies only a half of a mile away from SoFi Stadium and renowned LA Forum. Value-Add Opportunity - With rents below market, an investor can capture the upside as units turnover. Capital Improvements and Building Amenities - The property was renovated with central AC / heating and soundproof windows and doors. over half of the units feature granite countertops and newer appliances. The central water heater was recently replaced and major renovation was completed to the sewer and drain lines. Subterranean Parking and Laundry On-Site - The property features 12 secured parking spaces as well as on-site laundry.
Exterior Features

Parking Features Underground Parking Total 12

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Electric Expense 7200 Gross Income 210084 Insurance Expense 4901 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 6000 Net Operating Income 124148 New Construction YN No New Taxes Expense 47500 Other Expense 2400 Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: John Katnik of James Capital Advisors, Inc.