3400 W 82nd Pl, Inglewood, CA 90305

3400 W 82nd Pl, Inglewood, CA 90305

Inglewood, CA

Property Description

We are pleased to present 3400 W 82nd Place, located in a great pocket of Inglewood, right around the corner from the new SoFi Stadium, and the proposed site for new Clippers Arena. 3400 82nd Place consists of all 1-bedroom 1-bathroom units, each with there own covered garages, for a total living area of 3,926 sqft, situated on a 6,802 sqft corner lot. One of the units was just fully remodeled last year with the works, including brand new flooring, ceiling fans, countertops, stainless steel appliances, air conditioning units, and more. With Strong in-place income and significant upside, this is an incredible opportunity to acquire an investment property in a rapidly developing city in the South Bay, soon to be the home to the Los Angeles Rams, Chargers, and Clippers.

Property Features

  • Sale Price: $1,425,000
  • Area Size: 3,926 SF
  • Land Area: 6,802 SF
  • Year Built: 1940
  • Listing Date: 8/12/2020
  • Closing Date: 1/20/2021
  • Units: 6
  • Current GRM: 13.77
  • Current Cap Rate: 4.61%
  • Price Per Unit: $241,667
  • Market GRM: 11.22
  • Market Cap Rate: 6.13%
  • Current NOI: $66,857

Lyon Stahl Investment Real Estate

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