516 E Regent St, Inglewood, CA 90301

516 E Regent St, Inglewood, CA 90301

Inglewood, CA
$1,750,000

Property Description

Lyon | Stahl Investment Real Estate is proud to present 516 E Regent St, a six- unit apartment building located in the best part of Inglewood, less than one mile from the new Hollywood Park neighborhood development and future NFL Stadium! This 5,390 sq. ft. structure was built in 1961 and is situated on a large 7,474 sq. ft. lot. The property has an amazing unit mix including one (1) 3-bed/ 2- bath that is about 1,267 sq. ft., four (4) 2-bed/ 1-bath units ranging from 920 to 960 sq. ft., and one (1) studio unit that is 270 sq. ft. The property also has five carports with storage cabinets and one closed 2.5 car garage with opener — all of which do not require a soft-story retrofit.

Property Features

  • Sale Price: $1,750,000
  • Area Size: 5,390 SF
  • Land Area: 7,474 SF
  • Year Built: 1961
  • Listing Date: 7/9/18
  • Closing Date: 10/4/2018
  • Units: 6
  • Current GRM: 15.79
  • Current Cap Rate: 3.87%
  • Price Per Unit: $291,666.67
  • Market GRM: 11.91
  • Market Cap Rate: 5.85%
  • Current NOI: $67,756

Lyon Stahl Investment Real Estate

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