11124 South Inglewood Avenue

Inglewood, CA 90304

$1,000,000
Last Sold Price
6
Beds
5
Baths
3,400 Sq. Ft.
$294 / Sq. Ft.
3,400
Sq. Ft.
$294
per Sq. Ft.

Description

Location location location! Although zoned Commercial it has long been used as multi-units. This extremely well maintained 5 unit residential income property has many upgrades. This prime location, 1/2 mile north of Imperial Blvd, is super convenient to LAX, the South Bay, public transportation, the 405, 105, Space X, SoFi stadium, the Forum, the NFL Network, the Clipper Stadium site, and only 5 miles to Dockwieller Beach. This is an incredible opportunity to acquire an investment property in rapidly...Location location location! Although zoned Commercial it has long been used as multi-units. This extremely well maintained 5 unit residential income property has many upgrades. This prime location, 1/2 mile north of Imperial Blvd, is super convenient to LAX, the South Bay, public transportation, the 405, 105, Space X, SoFi stadium, the Forum, the NFL Network, the Clipper Stadium site, and only 5 miles to Dockwieller Beach. This is an incredible opportunity to acquire an investment property in rapidly developing Inglewood, home to the Los Angeles Rams, and Chargers. Beautiful sunset skies and ocean breezes. Long-time tenants pay very low rent. (1ea)- 2 bedroom 1 bath, and (4ea) - 1 bedroom 1 bath units, each with bathtubs, washer dryer hook-ups and private garages. Wonderful units have spacious kitchens and security windows and doors. The roof was recently replaced as well as 5 new garage doors, and 2 of the 3 sets of stairs were replaced in 2020. Decorative wrought railing and fencing. Did I mention a GREAT LOCATION?
  1. Listed by Lisa Mescher • DRE #01095063 • Brokerage DRE #01095063 • Lisa Mescher, Broker

Property Details for 11124 South Inglewood Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3400
Assessor Parcel Number
4037-031-012
Property Attached YN
true

Location

Listing Courtesy of Lisa Mescher, Broker, Lisa Mescher, DRE #01095063

Sold By NONMEMBER MRML, General NONMEMBER, DRE #00781554

Add your commute
LISTING UPDATED: 06/14/2021 02:37 AM

Property Details for 11124 South Inglewood Avenue

StatusClosed
MLS #SB21019932
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
CountyLos Angeles County

Location

Listing Courtesy of Lisa Mescher, Broker, Lisa Mescher, DRE #01095063

Sold By NONMEMBER MRML, General NONMEMBER, DRE #00781554

Add your commute

Building Information for 11124 South Inglewood Avenue

Building/Complex11124 S Inglewood AveFloor-Stories2Residences-Pet Policy-Year Built1954Building Size-

Payment Calculator

$6,955 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11124 South Inglewood Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $44,500
  • Gross Scheduled Income: $44,500
  • Gross Operating Income: $44,500
  • Net Operating Income: $39,217
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $5,263
  • New Taxes Expense: $0
  • Gardener Expense: $780
  • Licenses Expense: $189
  • Electric Expense: $276
  • Insurance Expense: $2,287
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,920
  • Total Expenses: $5,263
Tax / Assessment Info
  • Tax Tract Number: 957
  • Tax Census Tract: 6016.00
  • Tax Lot: 103
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: See Remarks
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Fireplace Features: Bath, Living Room
  • Fireplace Rooms: Bath, Living Room
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Roof: Asphalt
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Level
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Garage Faces Front
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $771
  • Unit Type Total Rent: $771
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $771
  • Unit Type Total Rent: $771
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $720
  • Unit Type Total Rent: $720
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $746
  • Unit Type Total Rent: $746
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $668
  • Unit Type Total Rent: $668
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 11124 South Inglewood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11124 South Inglewood Avenue

Taxable ValueLand$733,482Additions$306,918Total$1,040,400
Tax Record2023$17,980 ($1,498 / month)
Home Facts
Total Finished SqFt3,400 SqFtAbove Grade Finished SqFt3,400 SqFtLot Size7,596 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningLCC2YYCountyLOS ANGELESAPN4037-031-012

Schools near 11124 South Inglewood Avenue

This home is within Lennox School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Buford Elementary School
PublicK to 5

Lennox Middle School
Public6 to 8

Lawndale High School
Public9 to 12

Hawthorne High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lisa Mescher, Broker, Lisa Mescher, DRE #01095063

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, 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.