We are proud to present this 4-unit apartment in the highly desirable northwest Inglewood area! Consisting of 4 oversized units north of Centinela, this property offers a unique opportunity to acquire the perfect owner-user or investment opportunity in the City of Champions!On the market for the first time in over 20 years, the offering features a total of 4 apartment units consisting of 4,440 total building square feet. The unit mix comprises of three 2-bedroom/1-bathroom units and one 3-bedroom/1.5-bathroom owner’s unit. Each unit includes a washer/dryer hookup allowing a new owner to maximize rental upside upon tenant turnover. In the back, there are 4 single car garages along with ample street parking as the area consists of mainly single-family homes and smaller multifamily properties. Electricity and gas are individually metered for each unit keeping utility costs relatively low. Rents are due for increases April 2025 and can be increased 10% per Inglewood rent control (buyer to verify). Recent capital improvements include new exterior paint in 2021. All tenants are month to month at the property. Sitting north of Centinela Ave and west of La Brea Ave, this area of Inglewood is the most desirable pocket of the city. Single family homes north of Centinela sell for $1M+ making this opportunity highly attractive for a potential owner-user looking to occupy the 3-bedroom owner’s unit while renting the three units in the back for additional income. Do not miss your opportunity to acquire this incredible property in the city of Inglewood!
Property Details
Price:
$1,350,000
MLS #:
24429299
Status:
Active Under Contract
Baths:
0
Address:
120 W Hillsdale Street
Type:
Residential Income
Neighborhood:
101northinglewood
City:
Inglewood
Listed Date:
Aug 18, 2024
State:
CA
ZIP:
90302
Lot Size:
7,766 sqft / 0.18 acres (approx)
Year Built:
1958
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Garage Spaces
4.00
Parking Features
Garage
Parking Spots
4.00
Stories Total
2
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address120 W Hillsdale Street Inglewood CA
- Area101 – North Inglewood
- CityInglewood
- CountyLos Angeles
- Zip Code90302
Similar Listings Nearby
- 4145 S Degnan Boulevard
Los Angeles, CA$1,750,000
2.68 miles away
- 2223 E 119th Street
Los Angeles, CA$1,750,000
4.21 miles away
- 11605 Culver Boulevard
Los Angeles, CA$1,750,000
3.58 miles away
- 8356 Chase Avenue
Los Angeles, CA$1,750,000
3.10 miles away
- 4228 Campbell Drive
Los Angeles, CA$1,750,000
4.10 miles away
- 4100 Inglewood Boulevard
Los Angeles, CA$1,750,000
4.08 miles away
- 1016 W 110th Street
Los Angeles, CA$1,725,000
4.75 miles away
- 4801 S Normandie Avenue
Los Angeles, CA$1,725,000
3.68 miles away
- 841 Penn Street
El Segundo, CA$1,700,000
4.45 miles away
- 2914 Kenwood Avenue
Los Angeles, CA$1,700,000
4.94 miles away
Courtesy of BRC Advisors- BH. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
120 W Hillsdale Street
Inglewood, CA
LIGHTBOX-IMAGES