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Additional details

$ 1,799,500
Est. payment /mo
Price Dropped by $196K
10619 S Felton Ave Avenue Inglewood, CA 90304
10 Beds
6 Baths
5,450 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-27977
Bedrooms 10
Lot Size 5,450 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
New Construction: Residential Investment Opportunity- Felton Avenue Duplex Near LAX. This property won't last!Exceptional Investment Opportunity - Prime Inglewood LocationThe Duplex was built in 2024 and consists of 10 Bedrooms/ 6 Baths and a monthly income of $12,500. Net operating income: $121,459 and an attractive 6.75% capitalization rate; the property is designed for both strong current cash flow and long-term appreciation. Ideally located just minutes from LAX, SoFi Stadium, Intuit Dome, Hollywood Park Casino, and the area's exciting entertainment and transportation corridor. This well-maintained income property offers investors an outstanding opportunity to acquire a high-quality asset in one of Southern California's most dynamic markets.Each unit is separately metered and includes washer and dryer hookups, a tankless water heater, and energy-efficient solar--features that enhance tenant appeal while helping reduce operating costs.THE PROPERTY IS TENANT-OCCUPIED. PLEASE DO NOT DISTURB THE TENANTS
Location
State CA
County Los Angeles
Zoning Assessor
Direction The property is located near the 405 Fwy and 110 Fwy interchange, with Century Blvd to the north, Imperial Hwy to the south. Eas
Interior
Heating Passive Solar
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Rock/Gravel
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4038007005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

Listed by George Wheeler, DRE#00814165 Prism Realty US
NEARBY SCHOOL & BUSINESS

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