713 Edgewood Street

Inglewood, CA 90302

  • 10 Bed(s)
  • 0 Bath(s)
  • 6,220 Sqft
  • 8918
    Sqft(Lot)
$2,345,000

Description

Assumable $1.18m chase loan at 4.70% interest-only thru august 2027... this 8-unit apartment building is located in prime inglewood, one of the hottest up-and-coming markets in los angeles. the property was built in 1972 and is comprised of (6) 1-bed / 1-bath units and (2) 2-bed /1-bath units. the property sits on a huge lot, nearly 9,000 square feet, and is zoned r3. the two-bedroom units have spacious balconies, and one of the one-bedrooms at the front of the building also has a large private balcony. significant capital improvements have gone into the building, including new mainline sewer pipes, updated electrical components, and extensive interior renovations in 4 out of the 8 units. these tasteful renovations include new flooring, new kitchen/bathroom cabinets & fixtures, new stainless-steel appliances, bathroom tiling, recessed lighting, as well as new blinds and fans. the property also features 8 parking spaces and a community laundry area for additional income. additionally, the property is being offered with a fantastic assumable chase loan at 4.7% interest-only through august 2027, providing a 5.70% cash-on-cash. lastly, the property offers room to build at least 3-4 adus in the tuck-under parking area, detached garage and attached storage areas (buyer to verify).

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Mid-Century Modern

  • AD ID

    46238513

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 8
    • Full Baths: 0
    • Half Baths: 0

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1972
    • Building Area Total: 6,220

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2047
    • Lot Size Dimensions: 50x136
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 8918

  • Listing Price Information

    • Original List Price: 2,345,000
    • Listing Contract Date: 2024-06-28

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4016011001

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 101 - North Inglewood
    • Directions: Between La Brea and Centinela off Hyde Park Blvd.
    • Zoning: INR3*
    • Source Property Type: Residential Income
    • Area: 101 - North Inglewood

    Building and Construction

    • Property Age: 52
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 6220
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 09/16/2024 @ 15:48

  • MLS: 24409925
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 6,220 sqft, 8,918 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Inglewood , in zip code 90302, this Los Angeles County Home are nearby neighborhoods.