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703 Walnut Street, Inglewood, CA 90301$1,125,000
1 bed -- bath 3085 ft2 · 9593 ft2 lot$365 / ft2
1
bed --
bath 3085
ft2 · 9593
ft2 lotListing provided courtesy of Austin Zahn, Lyon Stahl Investment Real Estate, Inc.
Source CRMLS;
Introducing 703 Walnut St, Inglewood. This property is a 5-Unit investment property consisting of (5) 1-Bedroom 1-Bathroom units. Each unit comes with its own garage space and is separately metered for gas and electricity. The property is currently operating at 4.01% with a pro-forma cap rate of 6.96%. Located between Hillcrest Blvd and Buckthorne St the property is minutes from the 405, SoFi Stadium, The Forum, and LAX. Sale of the property is subject court approval and offers must be non contingency. Please contact the agent to access units and due diligence.
HOA
No HOA
On market
3 months
Year built
1955
Property type
Apartment
Parking
5
MLS
SB22236076
Price / Sq.Ft.
$365 / ft2
Status
Active
Buyer’s Brokerage Commission
2%
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Home details for 703 Walnut Street
Interior Features & Layout
Appliances
•
Laundry Features: See Remarks
Property, Lot, Community & Exterior Features
Multi-Unit Info
•
Number Of Units Total: 5
Parking Info
•
Garage Spaces: 5.0
•
Garage: true
•
Parking Spaces: 5.0
Building Info
•
Building Area Units: SquareFeet
•
Total Sq. Ft.: 3085.0
•
MLS Property Type: Residential Income
•
Year Built Source: Public Records
Lot Info
•
Lot Size Source: Assessor
•
Elevation Units: Feet
•
Zoning Type: INR3YY
•
Lot Details: Rectangular Lot
•
Lot Size Area: 9593.0
•
Acres: 0.2202
•
Lot Size Units: Square Feet
Community Info
•
Number Of Buildings: 4
•
Community Features: Sidewalks
Property Features
•
Common Walls: 1 Common Wall
Utilities & Other Information
Utility Info
•
Number Of Separate Electric Meters: 5
•
Number Of Separate Gas Meters: 5
•
Number Of Separate Water Meters: 1
Water & Sewer Info
•
Water Source: Public
•
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•
Water Sewer Expense: 100.0
•
Gross Income: 70800.0
•
Fuel Expense: 100.0
•
Trash Expense: 100.0
•
Insurance Expense: 1079.7
•
Gross Scheduled Income: 70800.0
•
Operating Expense: 23575.0
Terms
•
Terms: Cash, Cash to New Loan, Court Approval
Lease Info
•
Net Operating Income: 45101.0
Listing Details
•
Status: Active
•
Originating System Name: CRMLS
Other
•
Electric Expense: 100.0
Tax/Assessment Info
•
APN: 4022025002
School Neighborhood & Directions
Location
•
Zip Code: 90301
•
Area: 101 - North Inglewood
•
Zip Code +4: 0328
•
Directions: Head East on Hillcrest Blvd and make a right on to Walnut St.
•
Country: US
Property History for 703 Walnut Street
11/03/2022
11/03/2022
CRMLS #SB22236076
active
CRMLS #SB22236076
$1,125,000
—
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Real estate brokerage licenses
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes is registered trademark of Flyhomes, Inc.
NMLS Consumer Access
Affiliated Business Arrangement Disclosure