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

  • $950,000

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

Details

Updated on October 30, 2019 at 5:17 pm
  • Price: $950,000
  • Land Area: 12,481 Sq ft
  • Year Built: 1947
  • Property Type: Retail
  • Property Status: Active

Overview

  • Retail
  • Property Type
  • 1947
  • Year Built

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