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$2,095,000
420 W Queen St, Inglewood, CA 90301
11 Beds
10 Baths
6,064 sqft

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Great investment opportunity in the desirable section of the Northwest section of Inglewood close to City Hall, LAX, future NFL stadium and the Forum. The property offers a desirable unit mix consisting of three (3) 1+1, two (2) 2+1 and two (2) 2-1.5 units. Six (6) of the seven (7) units have been updated. The property has a total of seven (7) parking spaces; (four (4) garages and three (3) tuck under spaces). Rents are low and there is substantial upside for the future buyer. There is an on-site laundry room and the equipment is owned by the seller which brings in additional income. The utilities are individually metered and offers gated entry, individual patios & balconies and 2 units have individual fireplaces. PLEASE NOTE: (1) DO NOT DISTURB THE TENANTS. (2) All offers to be submitted on a CAR Form RIPA (3) Books & records and physical inspection with accepted offer. (4) Buyer to provide proof of funds with offer. (5) Seller to select all services. (6) Property sold as is condition.
  • Price:
  • $2,095,000
  • Bedrooms:
  • 11
  • Square Footage:
  • 6,064
  • Acreage:
  • 0.18
  • Year Built:
  • 1962
  • Listing ID #:
  • 21-748878
  • Street Address:
  • 420 W Queen St
  • City:
  • Inglewood
  • State:
  • California
  • Postal Code:
  • 90301
  • County:
  • Los Angeles
  • Community:
  • North Inglewood
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Residential Income
  • Building Security:
  • Automatic Gate
  • Foundation:
  • Slab
  • Number Of Units:
  • 7
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 6064
  • Type Of Roof:
  • Flat
  • Year Built:
  • 1962
  • Gross Income:
  • 137277
  • Net Operating Income:
  • 86889.00
  • Conforms To Zoning:
  • Inr4*
  • Lot Square Footage:
  • 7687
  • Days On Market:
  • 130
  • Price Per Square Foot:
  • 345.48
  • Garage Capacity:
  • 6
  • Parking Description:
  • Covered Parking
  • Parking Spaces:
  • 7
  • Equipment:
  • Garbage Disposal
  • Existing Water:
  • Public
  • Heating:
  • Wall Electric
  • Laundry:
  • Community
  • Sewage Type:
  • In Street
  • Water Heater:
  • Electric
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lawrence Cannizzaro of Lawrence Frank Cannizzaro
  • CACLAW

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