Closed – Two-Story, 7-Unit Apartment Building in Inglewood | $1,620,000
Hythum Kiswani and Cameron Samimi of Lyon | Stahl Investment Real Estate are proud to have closed 217 E Ivy Ave,
a 7 unit apartment building in Inglewood.
This 5,051 Sq Ft property on a 9,997 Sq Ft lot sold for $1,620,000!
This property consists of 6 one bedroom, one bathroom units, 1 two bedroom unit and a non-conforming studio unit.
The property is separately metered for gas and electric and tenants enjoy the convenience of easy parking. This property
includes asphalt paved parking area that provides for seven garage spaces. Street parking is available on the east side of the
street. Additionally, have use of the laundry room consisting of two coin-operated washers and dryers. The property is located is
located in a densely populated location with a high rental demand. The property has easy access to the 405, 105, and 110 freeways.
Inglewood is on the verge of a major growth spurt. The new Hollywood Park development will house the Los Angeles Rams and bring
retail and housing amenities to the market, but it isn’t the only reason to get excited about the market. A dearth of housing supply and
pressure from overcrowded South Bay cities is also helping to heat up the market.
For Future Listings: