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118 E Ivy Avenue, Inglewood, CA 90302$1,599,900

8
beds
5
baths
3972
ft2
· 6198
ft2 lot
$403 / ft2

Listing provided courtesy of Charles Grimes, Team Equity L.A. Property
Source CRMLS;
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5 Unit Trust Sale, Great Investment Property Located in the Heart of the City Of Inglewood. Well maintained, Stable Tenants. Located in close proximity to Sofi Stadium, blocks from Downtown Inglewood, Market Street, Freeway Close. Very accessible to LAX Airport with wonderful Ample Parking. A must see building for the Savvy Owner/Investor. Please do not disturb tenants. Do not walkup or enter exteriors of property. Property is sold in as-is condition.

HOA

$0/month

On market

2 months

Year built

1961

Property type

Multi-Family

Parking

5

MLS

21796480

Price / Sq.Ft.

$403 / ft2

Status

Active

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Home details for 118 E Ivy Avenue

Interior Features & Layout
Appliances
•   
Appliances: Disposal
•   
Has Appliances
Interior Size
•   
Building Area Total: 3972.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: Ground Level w/steps
•   
Zoning: INR3YY
•   
Foundation Details: Combination
•   
Stories Total: 2
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport, Detached Carport, Covered, Driveway, Guest, Street
•   
Carport Spaces: 3.00
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 5
Lot Info
•   
Lot Size Acres: 0.1423
•   
Lot Size Dimensions: 50x114
•   
Lot Size Area: 6198.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 85800.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Actual Rent: 7150.00
•   
Total Expenses: 36000.00
•   
Gross Multiplier: 8.00
Tax/Assessment Info
•   
Gross Income: 85800.00
•   
Tax Year: 2021
•   
Taxes: 13861.15
Lease Info
•   
Net Operating Income: 94200.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1750.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1750.00
Unit 2 Information
•   
Unit 2 Actual Rent: 900.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 900.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1750.00
•   
Unit 1 Total Rent: 1750.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1100.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1100.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 1650.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1650.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: West of Centinela, East of La Brea, North of Florence
Other
Calculation
•   
Dom: 8

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Los Angeles
Inglewood
25
Properties for sale
10.5
Median days on market
$461.28
Median sold price/sqft
101.93%
Sold/List %
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Property History for 118 E Ivy Avenue

10/18/2021
10/18/2021
CRMLS #21796480
active
CRMLS #21796480
$1,599,900
+88.45%
10/06/2014
10/06/2014
Public Record
sold
Public Record
$849,000
+21.29%
01/16/2007
01/16/2007
Public Record
sold
Public Record
$700,000
+150.00%
09/22/2000
09/22/2000
Public Record
sold
Public Record
$280,000

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