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Listing Details

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School Ratings & Info

Description

Stadium Village, which is located from 9301 to 9609 Crenshaw Boulevard, has only become available for sale on one other occasion over the last 40 years. Given Stadium Villages current ownership, major interior and exterior renovations have taken place, attracting tenants who are eager to pay market rents while long-term tenants have embraced the quality and aesthetic of these vast improvements. Existing rents have climbed to as much as $2,495 for a fully remodeled two-bedroom, one-bathroom apartment with its own private yard. Tenants are proud to call Stadium Village their home, given the quality of service provided by the current ownerships property management company and the abundance of amenities that offer comfort and security. Additionally, experienced and qualified Investors will be proud to call Stadium Village their own, given the considerable financial benefits made available through the property's streamlined operation and substantial capital improvements, additional value-add opportunities, and future rental growth and appreciation in value. Thank you very much for your interest in the Stadium Village. Please do not trespass or disturb the tenants.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/120014207
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9301 Crenshaw Blvd Inglewood, CA 90305

  • Price: $30,600,000
  • Status: Active
  • Updated: 13 min ago
  • MLS #: 21-768564
160
Beds
0
Baths
0
½ Baths
3.33
Acres
81,243
SQFT
$377
$/SQFT
1955
Built
Neighborhood:
South Inglewood
County:
Los Angeles
Area:
South Inglewood
Property Description
Stadium Village, which is located from 9301 to 9609 Crenshaw Boulevard, has only become available for sale on one other occasion over the last 40 years. Given Stadium Villages current ownership, major interior and exterior renovations have taken place, attracting tenants who are eager to pay market rents while long-term tenants have embraced the quality and aesthetic of these vast improvements. Existing rents have climbed to as much as $2,495 for a fully remodeled two-bedroom, one-bathroom apartment with its own private yard. Tenants are proud to call Stadium Village their home, given the quality of service provided by the current ownerships property management company and the abundance of amenities that offer comfort and security. Additionally, experienced and qualified Investors will be proud to call Stadium Village their own, given the considerable financial benefits made available through the property's streamlined operation and substantial capital improvements, additional value-add opportunities, and future rental growth and appreciation in value. Thank you very much for your interest in the Stadium Village. Please do not trespass or disturb the tenants.
Exterior Features

Lot Size Area 144956 Other Structures None Parking Garage AssignedCarport AttachedPrivate GarageTandemOn Street Total Parking 104

Interior Features

Baths Total 80.00 Cooling Ceiling Fan Equipment Ceiling FanCableRange/OvenRefrigerator Heating Wall Electric Laundry Equipment Lease

Property Features

Assessed Total Value 1236750 Gross Income 1881998 Gross Operating Income 1825782 Like Units1 80 Net Operating Income 1118854.00 Number Of Buildings 20 Number Of Units 80 Rent Control YN Yes Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 706928 Type Of Units 4-Plex Year Built Source Vendor Enhanced Zoning Inr3yy

Listing provided courtesy of Aaron Fierstein DRE#01271183 of Colliers International- Los Angeles.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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