11030 Acacia Ave, Inglewood, CA 90304

11030 Acacia Ave, Inglewood, CA 90304

Inglewood, CA

Property Description

This 4 unit investment property consists of two separate, free standing buildings & includes a great unit mix of 2: 2+1 & 2: 1+1! This property is conveniently located next to The Lenox Academy & is less than a ½ mile from the 105 FWY. Each unit has access to a garage and laundry facilities in the rear of the building. The building was built in 1954 & has approximately 2,924 RSF.

This is a perfect Value-Add deal for a savvy investor or owner user. The property is not subject to rent control and the rents are currently well below market. A new owner can raise the rents and lock in 30-year fixed financing to generate a substantial cash-on-cash return. This investment will not last long.

Property Features

  • Sale Price: $465,000
  • Area Size: 2,616 Sq Ft
  • Land Area: 6,580 Sq Ft
  • Year Built: 1954
  • Listing Date: May 15, 2013
  • Closing Date: Jul 31, 2013
  • Units: 4

Lyon Stahl Investment Real Estate

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