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    1/2 BATHS
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Listing Details

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MLS #
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Neighborhood
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Type
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Built
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County
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School Ratings & Info

Description

-Located Mile From Inglewood's City Hall, Police Department & Public Library -Walking Distance to The Forum & SoFi Stadium Building's Current Owner is the Original Developer -New Roof, New Water-Efficient Landscaping, Newly Painted, Some Remodeled Units, On-Site Laundry Facility, & Air Conditioning for All Units -ADU Potential Adjacent Double & Single Car Garage Allowing Possibility for ADU Conversion -(Two) 2-Bedroom/1.75-Bathroom Units and (Three) 1-Bedroom/1-Bathroom Units -Two Units with Private Balconies, Two Units with Fireplaces, & Front Unit with Private Patio & Enclosed Two-Car Garage -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station & Hollywood Park Development -All Electric Building with No Gas Expense -Approximately 20% in Potential Rental Upside with a 4.70% Pro-Forma Cap Rate & 15.17 Pro-Forma GRM

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T11:26:43.363. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120560164
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632 Manchester Drive Inglewood, CA 90301

  • Price: $1,745,000
  • Status: Active
  • Updated: 55 min ago
  • ID#: 21773592
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Beds
0
Baths
0
½ Baths
0.15
Acres
1963
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
-Located Mile From Inglewood's City Hall, Police Department & Public Library -Walking Distance to The Forum & SoFi Stadium Building's Current Owner is the Original Developer -New Roof, New Water-Efficient Landscaping, Newly Painted, Some Remodeled Units, On-Site Laundry Facility, & Air Conditioning for All Units -ADU Potential Adjacent Double & Single Car Garage Allowing Possibility for ADU Conversion -(Two) 2-Bedroom/1.75-Bathroom Units and (Three) 1-Bedroom/1-Bathroom Units -Two Units with Private Balconies, Two Units with Fireplaces, & Front Unit with Private Patio & Enclosed Two-Car Garage -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station & Hollywood Park Development -All Electric Building with No Gas Expense -Approximately 20% in Potential Rental Upside with a 4.70% Pro-Forma Cap Rate & 15.17 Pro-Forma GRM
Exterior Features

Number Of Separate Electric Meters 5 Parking Features Garage

Property Features

Additional Parcels YN No Garage YN Yes Gross Income 98657 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 59616 Number Of Separate Gas Meters 5 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 95957 Vacancy Allowance Rate 0 Zoning Inp1yy

Listing provided courtesy of Jonathan Nikfarjam of Shield Cre, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T11:26:43.363. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505