419 La Colina Dr, Inglewood, CA 90302

419 La Colina Dr, Inglewood, CA 90302

Inglewood, CA

Property Description

419 La Colina Dr in Inglewood is a 4-unit apartment building located in the heart of Inglewood offering the opportunity to own a property with over 45% upside in rental income. The 2,779 sf building sits on a 5,867 sf lot, and boasts a unit mix of one (1) 2 bed/1 bath SFR and three(3) 1 bed/1 bath units. Located just steps away is the bus line as well as the Crenshaw/LAX Transit Project on Florence Ave. Just on the other side of Centinela Ave is Edward Vincent Jr Park. Conveniently located just a few short blocks from Centinela Ave, La Brea Ave, and Florence Ave, this is an opportunity for an investor to own a property in a high demand rental market with tremendous growth potential. Located 2 miles from the new City of Champions Revitalization Initiative, this property is set to benefit from the stimulation and energy of the 890,000 square feet of retail space, 25 acres of park and open space, revamped casino, performing arts venue, and numerous fine dining restaurants it will bring.

Property Features

  • Sale Price: $1,000,000
  • Area Size: 2,779 SF
  • Land Area: 5,867 SF
  • Year Built: 1953
  • Listing Date: 11/04/2020
  • Closing Date: 1/29/2021
  • Units: 4
  • Price Per Unit: $262,500
  • Current NOI: $35,441

Lyon Stahl Investment Real Estate

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