Property Description

707 E 65th St is a 2,596-square-foot property on a spacious 7,167-square-foot lot with commercial zoning. It includes (1) 3-Bed/2-Bath unit, (1) 3-Bed/1-Bath unit, and a non-conforming 2-Bed/1-Bath unit (registered with the city). Each unit has its own private outdoor space, and there are also two garages on the property. The property is in the heart of Inglewood, close to major landmarks like SoFi Stadium, the Intuit Dome, and The Forum, making it a great location to invest in a growing market. It’s priced at $960,000, which breaks the metrics to an attractive $320,000 per unit and $369.80 per square foot. With a strong cap rate of 6.42% and a GRM of 11.07, this property has great income potential. It’s a solid opportunity for someone looking to invest in a well-located property with good returns.