6720 West Boulevard

    Los Angeles (City), CA 90043
    • $1,899,800
    • STATUS: Active Under Contract
    • ON SITE: 173 days
    • MLS #: 19472880
    Under Contract
    $1,899,800
    • 16
      BEDS
    • 0.24
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 6,720
      SQFT
    • $283
      $/SQFT
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    8% CAP RATE 8 UNIT, 10,285 SF LOT C2 ZONE TOC Tier 3, NEXT TO RAMS, FULLY RENOVATED 3 UNITS, 3 UNIT TO BE DELIVERED VACANT, Boasting over 6,720 SF living space, sitting on a massive 10,285 SF lot, this rare one of a kind, 8 X 2 Beds and 1 bath 8 plex in Inglewood that currently produces great market rate rental income addition to tremendous upside potential is priced just right for a quick sale. C2 Zoned which allows R4 use with TOC tier 3 benefits on 10,285 SF Lot, this property may be allowed to build up to 45 units on this single lot (buyer to verify) Florence/West LA Metro rail which will connect to LAX is only 0.1 Mile south, just under 9 minute drive to the brand new 80,000 seat NFL Rams stadium, less than 2 miles away from the planned Hollywood Park development which will include about 500,000 SF retail & entertainment and more than 2500 residential units, this property's location screams for investors attention.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-11-20T21:50:12.58. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/95413740

    6720 West Boulevard Los Angeles (City), CA 90043

    • Price: $1,899,800
    • Status: Active Under Contract
    • MLS #: 19472880
    16
    Beds
    8
    Baths
    0
    ½ Baths
    0.24
    Acres
    6,720
    SQFT
    $283
    $/SQFT
    1950
    Built
    Neighborhood:
    Park Hills Heights (PHHT)
    County:
    Los Angeles
    Area:
    Park Hills Heights (PHHT)
    Property Description
    8% CAP RATE 8 UNIT, 10,285 SF LOT C2 ZONE TOC Tier 3, NEXT TO RAMS, FULLY RENOVATED 3 UNITS, 3 UNIT TO BE DELIVERED VACANT, Boasting over 6,720 SF living space, sitting on a massive 10,285 SF lot, this rare one of a kind, 8 X 2 Beds and 1 bath 8 plex in Inglewood that currently produces great market rate rental income addition to tremendous upside potential is priced just right for a quick sale. C2 Zoned which allows R4 use with TOC tier 3 benefits on 10,285 SF Lot, this property may be allowed to build up to 45 units on this single lot (buyer to verify) Florence/West LA Metro rail which will connect to LAX is only 0.1 Mile south, just under 9 minute drive to the brand new 80,000 seat NFL Rams stadium, less than 2 miles away from the planned Hollywood Park development which will include about 500,000 SF retail & entertainment and more than 2500 residential units, this property's location screams for investors attention.
    Exterior Features

    Parking Spaces Total 8 Parking Type Other

    Interior Features

    Cooling Type None Heating Type Wall Heater Interior Features Other Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 1.0 Unit Number Of Bath08 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2

    Property Features

    Adjusted Gross Income 0.00 Assessed Improvement Value 385528.00 Assessed Land Value 578294.00 Cap Rate 92.00 Country United States Of America Expense Total Annual 0.00 Gross Operating Income 0.00 Gross Rent Multiplier 0.00 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 0.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 1800.00 Unit Monthly Rent02 0.00 Unit Monthly Rent03 0.00 Unit Monthly Rent04 2100.00 Unit Monthly Rent05 1900.00 Unit Monthly Rent06 0.00 Unit Monthly Rent07 1900.00 Unit Monthly Rent08 1453.00 Unit Projected Total Monthly Rent01 2200.00 Unit Projected Total Monthly Rent02 2200.00 Unit Projected Total Monthly Rent03 2200.00 Unit Projected Total Monthly Rent04 2200.00 Unit Projected Total Monthly Rent05 2200.00 Unit Projected Total Monthly Rent06 2200.00 Unit Projected Total Monthly Rent07 2200.00 Unit Projected Total Monthly Rent08 2200.00 Unit Total Monthly Rent01 1800.00 Unit Total Monthly Rent02 0.00 Unit Total Monthly Rent03 0.00 Unit Total Monthly Rent04 2100.00 Unit Total Monthly Rent05 1900.00 Unit Total Monthly Rent06 0.00 Unit Total Monthly Rent07 1900.00 Unit Total Monthly Rent08 1453.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 8 Zoning Lac2

    Listing provided courtesy of Vinnie Park DRE#02015848 of Coldwell Banker Residential Brokerage.


    Based on information from CARETS as of 2019-11-20T21:50:12.58. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Jelmberg Team | Keller Williams
    39-575 Washington Street, Suite #105
    Palm Desert CA, 92211