Compare Listings

7927-8001 S Van Ness Ave, Inglewood, CA 90305

$1,248,100

Description

Lyon | Stahl is pleased to present 7927-8001 Van Ness Ave., a 12,481 sq.ft lot located in the rapidly appreciating city of Inglewood. The property is equipped with (2) 1-bed/1-bath units and Fish Market as the third unit. This property is in a prime location, only minutes from the city’s new Los Angeles Stadium and Entertainment District, the Hollywood Park Casino, and the Arts District of Inglewood. A great income asset already, this value add property has 44% upside in rents, and all leases are month to month. Market 8.65% CAP, 8.90 GRM!! Zoning for the property is INC2YY. The city of Inglewood has also been working with developers to make land acquisitions more suitable and possible and easing a majority of their restrictions. 7927-8001 Van Ness is a fantastic play for any multi family owner or developer looking to obtain property in the rapidly growing city of Inglewood.

Investment Highlights:

  • Prime Real Estate in a great location of Inglewood
  •  12,481 sq.ft. lot with great zoning for plenty of development
  •  Located minutes away from future NFL Stadium!
  • $100 per lot sq.ft.
  •  Ideal zoning, INC2YY

Address

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

Detail

Updated on October 11, 2018 at 8:15 pm

  • Price: $1,248,100
  • Land Area: 12,481 Sq ft
  • Year Built: 1947
  • Property Type: NNN Retail Closings
  • Property Status: Active

Contact info

Cameron Samimi
Cameron Samimi
(310) 880-3855 (310) 259-7556
Linkedin

Inquire about this property

Agent Properties

217 E Ivy Ave, Inglewood, CA

1101 Cherry Ave, Long Beach, CA 90813

1119 Dawson Ave, Long Beach, CA 90804