911 E La Palma Dr #K, Inglewood, CA 90301
911 E La Palma Dr #K, Inglewood, CA 90301
911 E La Palma Dr #K, Inglewood, CA 90301
911 E La Palma Dr #K, Inglewood, CA 90301
911 E La Palma Dr #K, Inglewood, CA 90301
911 E La Palma Dr #K, Inglewood, CA 90301
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$ 2,250,000
Est. payment | /mo

11 Beds

10 Baths

5,521 SqFt


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$ 2,250,000
Est. payment | /mo
Save

11 Beds

10 Baths

5,521 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,521 sqft

Price per Sqft $407

MLS Listing ID 26107674

Bedrooms 11

Year Built 1937

Lot Size 0.264 Acres

Acres 0.2638

Property Sub-Type Multi-Family

Property Description

911 E La Palma Dr | 10-Unit Multifamily, Inglewood. 1937-built asset totaling 5,521 SF on an 11,488 SF lot on the north side of E La Palma Dr between Larch St and Myrtle Ave, less than a mile from SoFi Stadium and within about a mile of Intuit Dome and the Kia Forum. The property features (10) 1BR/1BA units averaging 470 SF, each upgraded throughout, plus 10 on-site parking spaces and an established RUBS program. All ten units are occupied at an average rent of $1,832 against a $1,975 market rent, and the property is subject to the Inglewood Housing Protection Ordinance. Offered at $2,250,000 ($225,000/unit | $407.53/SF) with a 6.59% in-place cap rate, the story here is simplicity a fully occupied, upgraded asset in the stadium district with a 7.30% pro forma cap and no capital program required.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR3YY

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Private

Garage Spaces 10.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

Schools and Properties Nearby

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911 E La Palma Dr #K