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3213 Bartdon Ave, Inglewood, CA 90303

$1,250,000

Description

Lyon | Stahl Investment Real Estate is proud to present 3213 Bartdon Ave, a four-unit apartment building located in Inglewood, CA. This 4,474 sq. ft. structure was built in 1956 and is situated on a 6,682 sq. ft. parcel of land. This property has a desirable unit mix consisting of (2) 4-bed/2-bath and (2) 2-bed/1- bath units. Each unit is fully remodeled with new granite countertops and all new hardwood & tile floors. The exterior of the building has been repainted, along with the interior of the units. The plumbing and electrical fixtures have also been completely redone. Centrally located near many restaurants, retailers, LAX, and the 105 & 405 freeways, this is a great investment opportunity in the rapidly appreciating Inglewood area.


Investment Highlights:

  • Amazing unit mix of (2) 4-Bed/2-Bath & (2) 2-Bed/1-Bath
  • Beautifully renovated 4,474 SF apartment building situated on 6,682 SF of land
  • Huge upside potential: 5.87% CAP Rate & 11.85 GRM (pro forma)
  • Fully-remodeled units | New granite counters in each unit | All new hardwood & tile floors
  • New exterior & interior paint, plumbing, & electrical fixtures
  • Plenty of street parking for residents & guests
  • Close proximity to restaurants, retailers, LAX, & the 105 & 405 FWYs
  • Walking distance to the Forum & future LA Rams Stadium

Address

  • City: Inglewood
  • State/county: CA
  • Country: United States

Detail

Updated on October 11, 2018 at 8:15 pm

  • Price: $1,250,000
  • Property Size: 4,474 Sq ft
  • Land Area: 6,682 Sq ft
  • Garage Size: 6
  • Year Built: 1956
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 4
  • NOI: $73,359
  • GRM: 11.85
  • CAP RATE: 5.87%
  • Price per Unit: $312,500

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
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