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    3132 W 99th Street

    Inglewood, CA 90305
    • $1,600,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: OC21165133
    UPDATED: 84 min ago
    $1,600,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    3132 W. 99th Street is 6 unit apartment building located in the highly desirably city of Inglewood, Ca walking distance to the new Sofi Stadium Development and LA Forum. This 6 unit value add property offers a strong investor an attractive opportunity to create value and maximize rents in a growing rental market, with huge upside for a new owner to either owner occupy or keep as a straight rental. The property has a good unit mix of (1) 3 bed/2 bath front unit, (1) 2 bed/1 bath unit, and (4) 1 bed/1 bath units each with central AC/heat, private balcony, and (6) carport parking spaces in the back. This amazing building has solar panels, and was built in 1961 with a total size of 5,519 SF, sitting on 6,506 SF lot zoned R3. Good Location in Inglewood near LAX, Space-X, LA Forum, New Sofi Stadium, Hollywood Park, & Nearby to local Parks & Recreation, Major Restaurants, & Big Box Retailers.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T12:31:33.707. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/119792916
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    3132 W 99th Street Inglewood, CA 90305

    • Price: $1,600,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: OC21165133
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1961
    Built
    Neighborhood:
    102 - South Inglewood
    County:
    Los Angeles
    Area:
    102 - South Inglewood
    Property Description
    3132 W. 99th Street is 6 unit apartment building located in the highly desirably city of Inglewood, Ca walking distance to the new Sofi Stadium Development and LA Forum. This 6 unit value add property offers a strong investor an attractive opportunity to create value and maximize rents in a growing rental market, with huge upside for a new owner to either owner occupy or keep as a straight rental. The property has a good unit mix of (1) 3 bed/2 bath front unit, (1) 2 bed/1 bath unit, and (4) 1 bed/1 bath units each with central AC/heat, private balcony, and (6) carport parking spaces in the back. This amazing building has solar panels, and was built in 1961 with a total size of 5,519 SF, sitting on 6,506 SF lot zoned R3. Good Location in Inglewood near LAX, Space-X, LA Forum, New Sofi Stadium, Hollywood Park, & Nearby to local Parks & Recreation, Major Restaurants, & Big Box Retailers.
    Exterior Features

    Carport YN Yes Lot Features 6-10 Units/AcreLawn Number Of Separate Electric Meters 6 Parking Features Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Appliances Electric CooktopDisposalGas OvenWater Heater Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateVinyl Heating Central Heating YN Yes Interior Features Balcony

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Garage YN Yes Gross Income 89640 Gross Scheduled Income 89640 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupSee Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 50783 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 36168 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableSee RemarksWater Available Water Sewer Expense 0 Water Source Public Zoning Inr3yy

    Listing provided courtesy of Brian Noh of Nohco Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T12:31:33.707. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
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