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659 E Queen Street

Inglewood, CA 90301
  • $1,345,000
  • STATUS: Active
  • ON SITE: 85 Days
  • ID#: PTP2105425
UPDATED: 28 min ago
$1,345,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Substantial Investment Opportunity! This gorgeous triplex is nestled in the heart of Northwest Inglewood and close to City Hall, LAX, Hollywood Park, SoFi stadium, the Forum and well-known Los Angeles destinations like Venice, Marina del Rey, and beautiful Santa Monica. This property has been professionally managed and well maintained, which offers 3 units 2/1 each, laundry in units and assigned covered parking garage. Stable rents but still room for rent increase, zero issues through the lockdown. Property sells as is.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. 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 Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/119932319
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659 E Queen Street Inglewood, CA 90301

  • Price: $1,345,000
  • Status: Active
  • Updated: 28 min ago
  • ID#: PTP2105425
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1953
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Substantial Investment Opportunity! This gorgeous triplex is nestled in the heart of Northwest Inglewood and close to City Hall, LAX, Hollywood Park, SoFi stadium, the Forum and well-known Los Angeles destinations like Venice, Marina del Rey, and beautiful Santa Monica. This property has been professionally managed and well maintained, which offers 3 units 2/1 each, laundry in units and assigned covered parking garage. Stable rents but still room for rent increase, zero issues through the lockdown. Property sells as is.
Exterior Features

Lot Features 2-5 Units/AcreFront YardLandscapedNear ParkRectangular Lot Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Association Fee 0 Association YN No Cap Rate 5.6 Community Features SidewalksPark Garage YN Yes Gross Income 75000 Gross Scheduled Income 90000 Insurance Expense 1200 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 75500 New Taxes Expense 7600 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 14500 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6300 Trash Expense 420 Utilities Overhead Utilities Water Sewer Expense 1200 Water Source Public Zoning Inr3yy

Listing provided courtesy of Man Ho of Exp Realty Of California, Inc. and Ruby Truong of Exp Realty Of California Inc


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. 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 Keller Williams Realty. Licensed in the State of California, USA.
 
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