125 E Buckthorn, Inglewood, CA 90301
- $2,399,999
- List Price
- $2,399,999
- Price Change
- ▼ $200,001 1787689232
- Status
- ACTIVE
- MLS#
- PW26153045
- Year Built
- 1963
- Lot Size
- 9,626
- Acres
- 0.22
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 57
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
Rare 6-unit INGLEWOOD OPPORTUNITY. Offered for sale for the first time in 20 years, this boutique multifamily property features six oversized 3-bedroom, 2-bath residences, each offering approximately 1,400+ square feet. Built in 1963, the apartments provide spacious, house-like floor plans, generous living areas, in unit washer/dryer connections, and garage or carport parking, creating an exceptionally desirable unit mix with limited comparable inventory. Current rents are below market, creating meaningful value-add potential through targeted renovations and continued operational improvements. The property is ideally located near Downtown Inglewood, the Metro K Line, LAX, Centinela Hospital Medical Center, SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park, and numerous employment, shopping, transportation, and entertainment destinations and the forthcoming Inglewood Transit Connector. It is one the fastest growing cities in the country. The city attracts billions in investment and is preparing to host marquee global events. This is a prime opportunity to acquire a high-quality, value-add asset in a market on the rise. Possible Seller Financing with current loan payoff.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $219,252
- Operating Expense
- 74436
Listing courtesy of Listing Agent: Cathy Perkins (cathy1choice@gmail.com) from Listing Office: eXp Realty of Southern Ca, Inc.
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