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$1,899,999
Est. payment /mo
6,441 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,441 sqft
Price per Sqft $294
MLS Listing ID CL26647275
HOA Y/N No
Year Built 1964
Lot Size 10,014 Sqft
Acres 0.2299
Property Sub-Type Other
Property Description
We are pleased to present 519 N. Exton Ave- now being offered for sale for the 1st time in over 40 years! (Probate Sale, with Court Confirmation) Located in North Inglewood, the property offers 6 spacious units, averaging over 1,000 sq. ft. each. The front unit is an oversized, two story, 3 bedroom, 3 bathroom townhome style unit. The other 5 units are (1) 3 bedroom, 2.5 bathroom unit and (4) 2 bedroom, 2 bathroom units, set over the parking area. The building includes 10 total parking spaces, 6 tuck under, a 2 car garage and 2 uncovered stalls. Each unit has storage available within the parking areas and access to shared laundry on site. The current income is limited as 4 units are owner occupied and the remaining Tenants are long term. However, the building can stabilize to an 7% CAP and 10 GRM, relatively quickly. Delivered with up to 4 units vacant, this is a very unique opportunity to acquire a value add building, in one of the best submarkets in Los Angeles. Located just minutes away from LAX, SoFi Stadium (Home of the Los Angeles Rams Los Angeles Chargers and the NFL's West Coast Offices), the KIA Forum, the Intuit Dome and much more!
Location
State CA
County Los Angeles
Zoning INR3YY
Interior
Heating Radiant
Flooring Stone, Carpet
Fireplace No
Laundry Common Area, Other
Exterior
View Y/N false
View None
Building
Lot Description Front Yard
Sewer Other
Water Other
New Construction No
Others
Tax ID 4016016026
Virtual Tour https://www.zillow.com/view-imx/23ec1299-5ae3-44b1-af5d-3e6d5aa1dfc4?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Listed by Zachary Grant • Real Broker