10235 S 10th Avenue Pending

Inglewood,CA 90303

$ 2625000

- Bed

0 Bath

8866 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 8,866 sqft

Price per Sqft $296

MLS Listing ID CL25564289

Year Built 1956

Lot Size 0.317 Acres

Property Sub-Type Other

Property Description

We are Pleased to Present 10235 & 10239 S.10th Ave in Prime Inglewood Village. This 12-Unit Valuable Asset is Perfectly Situated within 1.4 miles of Hollywood Park, a Mixed-Use Complex with Various Fun Attractions, including SoFi Stadium, YouTube Theater plus numerous Retail and Dining Options. This Gated Community consists of two Adjacent Parcels (APN# 4030-007-042 & APN# 4030-007-041), two 6 unit 1956 Built Structures, Totaling 12 units on a 13,817 Square Feet lot with Alley Access. Each Building Offers two 2+1 (approx. 920sf each) & four 1+1 (approx. 650 sf) Apartments. 10235 S. 10th Ave has 1 Vacancy (Unit #2), providing the New owner an Opportunity to Secure Market Rent at $1,850/Mo, reflected in the Projected Rents. Gross Income is inclusive of approx. $290/mo Income from Laundry. The Majority of Units have been Tastefully Updated with Modernized Bathrooms & Kitchens. All units have Individual Water Heaters. Each unit is Individually Metered for Gas & Electric (2023). Newer Laminate Flooring ,except one with Tile floors. New Windows, New Doors, New AC/Ductwork, New Meters, New Outlets per Code through the LAX Soundproofing Project Grant. 6 Single, Gated Parking Stalls per Building,12 in total, and a Community Coin-operated Washer/Dryer for Tenant Convenience. Potential to a

Location

State CA

County Los Angeles

Zoning INM1

Interior

Heating Wall Furnace

Cooling Central Air

Laundry Common Area

Building

New Construction No

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