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1118 E FAIRVIEW BLVD
Off-Market Call for Pricing
Call for Pricing
- 20 Units
- 12,845 Sq Ft
- 30,350 Sq Ft
- % Cap Rate
Description
Unique property and amazing potential providing once in a life time opportunity to own this 20 unit building on a 30,000+ SF Lot on 4 Separate Parcels! (APN#s 4013-002-001 & 002 & 003 & 005). Situated on a corner, ideal for development w/ access from Fairview & Hyde Park Bl. Current R3 zoning may allow 27 units(buyer to verify). Long term owners' current below market rents provide about 20% upside to the new owner creating high cash flow and equity growth ! Well Maintained Non Rent Control Asset. Bungalow style units have Front & Rear Access with garden/open yard. Units individually metered for gas, electric & water heater. Amenities include Owner owned Coin operated laundry room, central courtyard & Ample on-site parking. Fairview Hgts Metro Station (Crenshaw/LAX line) when completed will be only few blocks away.Inglewood is "hot" area with proposed 238 Ac Hollywd Park development project w/ stadium, Retail & Restaurant Buildings. Make offer subject to Inspection.DO NOT DISTURB TENANT
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Owner
Do you own or manage this property?
This is my PropertyAmenities
Garage
Outdoor Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Open Floorplan
Great Views
Natural Light
Quiet
Elevator
Balcony
Guest Unit(s)
Furnishings
Property Details
| List Price | $3,100,000 |
| Property Type | Multi-Family |
| Usable Sqft | 12,845 |
| Number of Stories | 1 |
| Parking Spots | 0 |
| Year Built | 1944 |
| Last Sold | February 18, 2016 |
| Sold Price | 3,100,000 |
| APN # | Unknown |
| MLS # | 15957421 |
| Property ID | 1353414 |
| Lot Sqft | 30,350 |
| Zoning | INR3YY |
| Total Units | 20 |
| Date Updated | May 19, 2018 |
| Date Created | November 09, 2015 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.0 | $912 | $22,000 |
Listing Provided By
Anoop Garg an agent of The Real Estate Consult. Wstsd. Lic #01481925
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© 2021 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 7, 2018 4:38 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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