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Just Listed – Fully Remodeled 4-Unit Apartment Building in Inglewood

Just Listed – Fully Remodeled 4-Unit Apartment Building in Inglewood

Lyon | Stahl Investment Real Estate is proud to present 3213 Bartdon Ave, a four-unit apartment building located in Inglewood.
This 4,474 sq. ft. structure was built in 1956 and is situated on a 6,682 sq. ft. parcel of land.

Listed at $1,250,000 this building has a cap rate of 5.87% and an NOI of $73,359.

This property has a desirable unit mix consisting of (2) 4-bed/2-bath and (2) 2-bed/1- bath units.
Each unit is fully remodeled with new granite countertops and all new hardwood and tile floors.

The exterior of the building has been repainted, along with the interior of the units.
The plumbing and electrical fixtures have also been completely redone.

Centrally located near many restaurants, retailers, LAX, and the 105 & 405 freeways,
this is a great investment opportunity in the rapidly appreciating Inglewood area.

Investment Highlights:

● Amazing unit mix of (2) 4-Bed/2-Bath & (2) 2-Bed/1-Bath
● Beautifully renovated 4,474 SF apartment building situated on 6,682 SF of land
● Huge upside potential: 5.87% CAP Rate & 11.85 GRM (pro forma)
● Fully-remodeled units | New granite counters in each unit | All new hardwood & tile floors
● New exterior & interior paint, plumbing, & electrical fixtures
● Plenty of street parking for residents & guests
● Close proximity to restaurants, retailers, LAX, & the 105 & 405 FWYs
● Walking distance to the Forum & future LA Rams Stadium

 


County Overview:

The most heavily populated county in the country is Los Angeles County with approximately 9.9 million people, including about 1 million that live in unincorporated areas of the county. The metropolis – formed by the six neighboring counties of Los Angeles, Ventura, Kern, San Bernardino, Riverside, and Orange – is home to approximately 19 million residents. Los Angeles County is home to one of the most educated labor pools in the country and offers a labor force of more than 4.7 million, of which more than 1.5 million are college graduates. Los Angeles County has the largest population of any county in the nation, exceeded only by eight states. According to the United States Conference of Mayors, Los Angeles County boasts a GDP among the twenty largest in the world. Los Angeles County’s continued economic growth, in contrast to other areas of the state and nation, is due to its diversified economy and abundant, well-trained workforce.

 

 

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