2333 West Imperial Highway

Inglewood, CA 90303

$1,495,000
Last Sold Price
7
Beds
6
Baths
4,645 Sq. Ft.
$322 / Sq. Ft.
4,645
Sq. Ft.
$322
per Sq. Ft.

Description

100% Vacant 5-unit building + 3 potential ADU. Fixer with good bones in RED HOT INGLEWOOD! Huge upsides to 10% cap and 7.9 GRM after renovations. Excellent unit mix with the potential of splitting the larger front unit to an attached ADU (6th unit), and converting a portion of the garages to 2 detached ADUs (7th & 8th unit)! Total sqft. (per assessors) is 4,645 sqft. situated on a 5,999 sqft. -lot, zoned INR3YY! Individually metered for Gas & Electricity and includes 6 Garages for all 5 units. Located...100% Vacant 5-unit building + 3 potential ADU. Fixer with good bones in RED HOT INGLEWOOD! Huge upsides to 10% cap and 7.9 GRM after renovations. Excellent unit mix with the potential of splitting the larger front unit to an attached ADU (6th unit), and converting a portion of the garages to 2 detached ADUs (7th & 8th unit)! Total sqft. (per assessors) is 4,645 sqft. situated on a 5,999 sqft. -lot, zoned INR3YY! Individually metered for Gas & Electricity and includes 6 Garages for all 5 units. Located in a big rental market! Centrally located near SoFi Stadium, The Forum, shopping, dining, Tesla/SpaceX & 105/405 Freeway access. Approx. within 5 miles from Los Angeles International Airport & Beach Cities! Priced to sell. Excellent investment! Look no more.
  1. Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
  2. Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.

Property Details for 2333 West Imperial Highway

Zoning
INR3YY
Style
Traditional
Cross Streets
Van Ness & Imperial Highway
Accessibility Features
None
Parcel Number
4029008020
Total Units
5.0
Living Area
4645
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

Sold By The Bluewave Group, Inc., Caroline Soofer, DRE #01428408

Add your commute
LISTING UPDATED: 04/13/2021 05:37 PM

Property Details for 2333 West Imperial Highway

StatusSold
MLS #20-670512
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.14 AC / 5,999 SF
CountyLos Angeles County

Location

Listing Courtesy of Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

Sold By The Bluewave Group, Inc., Caroline Soofer, DRE #01428408

Add your commute

Building Information for 2333 West Imperial Highway

Stories2Residences-Year Built1956Building Size-Lot Size0.14 AC / 5,999 SF

Payment Calculator

$9,930 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,159

Property Taxes

$1,771

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2333 West Imperial Highway

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 5
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Attached
  • View: No
  • View Description: None
  • View: None
  • Security Features: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Direction Faces: South
  • Property Condition: Fixer, Repair Cosmetic
  • Water: District
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Gas
  • Water District: Inglewood Water Services
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Conventional
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $189,120
  • Net Operating Income: $153,402.00
  • Gross Income: $187,920
  • Cap Rate: 10.24%
  • Gross Rent Multiplier: $7.91
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 30080
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1377
  • Lot Size Square Feet: 5999
  • Lot Size Dimensions: 120x50
  • Source Lot Size Dimensions: Assessor
  • Lot Description: Alley Paved, Curbs
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Detached, Garage Is Detached, Garage - 4+ Car
  • Total Parking: 6
  • Garage Spaces Total: 6
  • Parking Features: Detached Carport
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air, Wall Gas
  • Flooring: Mixed, Ceramic Tile, Carpet, Wood, Laminate
  • Equipment: Vented Exhaust Fan, Refrigerator, Range/Oven
  • Kitchen Features: Galley Kitchen, Open to Family Room
  • Bathroom Features: Shower and Tub
  • Common Walls: Attached
  • Cooking Appliances: None
  • Laundry: Outside, Community
  • Laundry Equipment: Own
  • Disability Access: None
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Shingle
  • Sprinklers: None
  • Entry Location: Ground Level w/steps
  • Windows: Screens
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-17-2020
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,995.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,495.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,495.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Number Range: 2
  • Number Refrigerator: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $181,010.00
  • Assessed Improvement Percent: 64.34
  • Assessed Land Value: $100,343.00
  • Assessed Land Percent: 35.66
  • Assessed Total Value: $281,353.00

Property History for 2333 West Imperial Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2333 West Imperial Highway

Taxable ValueLand$1,347,318Additions$208,080Total$1,555,398
Tax Record2023$21,252 ($1,771 / month)
Home Facts
Total Finished SqFt4,645 SqFtAbove Grade Finished SqFt4,645 SqFtLot Size5,999 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningINR3YYCountyLOS ANGELESAPN4029-008-020

Schools near 2333 West Imperial Highway

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Bennett/Kew Elementary School
PublicK to 7

Monroe (Albert F.) Middle School
Public6 to 8

Morningside High School
Public9 to 12

Children of Promise Preparatory Academy
CharterK to 8

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 Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

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.