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    808 E Kelso Street

    Inglewood, CA 90301
    • $7,125,000
    • STATUS: Active
    • ON SITE: 47 Days
    • ID#: SB21172145
    UPDATED: 36 min ago
    $7,125,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Ratings & Info

    Description

    808 E Kelso Street is an 18-unit apartment building located adjacent to the Sofi Stadium in Inglewood. The property has recent undergone $1 million in upgrades including a new HVAC system, new soundproof 4-pane windows, soundproof doors, new central ducting system, new electrical panel, and new 800 AMP dedicated transformer on site. This apartment buildings makes up a total of 15,116 SF in living space situated on a 18,641 SF parcel of land. 808 E Kelso Street offers an ideal unit mix consisting of all 2-bed/1-bath units separately metered for gas & electric. The building features on-site laundry and two gated covered parking spaces for each unit.Given the propertys ideal location, strong unit mix, and significant upside rent potential, 808 E Kelso Street is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T09:24:47.707. 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/121246455
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    808 E Kelso Street Inglewood, CA 90301

    • Price: $7,125,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: SB21172145
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    1984
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    808 E Kelso Street is an 18-unit apartment building located adjacent to the Sofi Stadium in Inglewood. The property has recent undergone $1 million in upgrades including a new HVAC system, new soundproof 4-pane windows, soundproof doors, new central ducting system, new electrical panel, and new 800 AMP dedicated transformer on site. This apartment buildings makes up a total of 15,116 SF in living space situated on a 18,641 SF parcel of land. 808 E Kelso Street offers an ideal unit mix consisting of all 2-bed/1-bath units separately metered for gas & electric. The building features on-site laundry and two gated covered parking spaces for each unit.Given the propertys ideal location, strong unit mix, and significant upside rent potential, 808 E Kelso Street is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.
    Exterior Features

    Lot Features Corner LotLandscaped Number Of Separate Electric Meters 18 Parking Total 36 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 4.18 Common Interest None Community Features Sidewalks Garage YN Yes Gross Income 441284 Gross Scheduled Income 454932 Insurance Expense 6046 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 13648 Net Operating Income 301866 New Construction YN No New Taxes Expense 79824 Number Of Separate Gas Meters 18 Number Of Separate Water Meters 1 Operating Expense 139418 Other Expense 14400 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Inr3yy

    Listing provided courtesy of Brett Lyon of Lyon Stahl Investment Real Estate, Inc. and Stephen Takahashi of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T09:24:47.707. 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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