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710 Cory Drive, Inglewood, CA 90302$2,200,000

11
beds
8
baths
5965
ft2
· 7958
ft2 lot
$369 / ft2

Listing provided courtesy of Sue Connell, West Shores Realty, Inc.
Source CRMLS;
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Welcome to this low-maintenance 5965 SF 8 Unit Multi-Family Apartment Complex in the City of Inglewood. It sits on a 7958 SF lot. This property includes 2 buildings with a total of 8 units. The front building is 2 story consisting of (5) 1 bedroom / 1 bath units. The building to the rear of the property is a tri-plex consisting of (3) 2 bedroom / 1 bath units. All tenants are currently on a month-to-month tenancy. The building features on-site laundry, 8 covered/tucked under parking spaces. Each unit also is separately metered for gas & electrical. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a low-maintenance multi-family property in a growing area. **DO NOT WALK THE PROPERTY NOR DISTURB THE TENANTS**

HOA

$0/month

On market

2 months

Year built

1958

Property type

Multi-Family

Parking

8

MLS

SB21213423

Price / Sq.Ft.

$369 / ft2

Status

Active Under Contract

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Home details for 710 Cory Drive

Interior Features & Layout
Appliances
•   
Laundry Details: Individual Room
•   
Security Features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Window Bars
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Flooring
•   
Flooring: Carpet, Laminate, Vinyl
Interior Size
•   
Building Area Total: 5965.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
•   
Carport Spaces: 8.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: INR3YY
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 6-10 Units/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1827
•   
Additional Parcels Description: 4017021028
•   
Lot Size Area: 7958.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Road Surface Type: Paved
•   
Number Of Buildings: 2
•   
Total Units: 8
Property Features
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 8
•   
Utilities: Electricity Available, Sewer Connected
•   
Number Of Separate Gas Meters: 8
•   
Number Of Separate Water Meters: 2
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Buyer to Verify
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 6176.00
•   
Total Actual Rent: 101340.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 3117.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 18183.00
•   
Gross Scheduled Income: 101340.00
•   
Operating Expense: 18183.00
•   
Gardener Expense: 1020.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 101340.00
•   
Tax Year: 2021
•   
Taxes: 4980.28
Terms
•   
Exclusions: Tenants Personal Property
Lease Info
•   
Net Operating Income: 83157.00
Listing Info
•   
Status: Active Under Contract
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1250.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1250.00
Unit 7 Information
•   
Unit 7 Garage Spaces: 0.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1100.00
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 1100.00
•   
Unit 7 Bedrooms: 2
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 890.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 890.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Garage Spaces: 0.00
•   
Unit 8 Actual Rent: 1150.00
•   
Unit 8 Total Units: 1
•   
Unit 8 Total Rent: 1150.00
•   
Unit 8 Bedrooms: 2
•   
Unit 8 Furnished Units: Unfurnished
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1200.00
•   
Unit 1 Total Rent: 1200.00
Unit 4 Information
•   
Unit 4 Actual Rent: 865.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 865.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 890.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 890.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 8
•   
Number Of Units Leased: 8
•   
Price Per Unit: 275000
Unit 6 Information
•   
Unit 6 Actual Rent: 1100.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 1100.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 2
•   
Unit 6 Garage Spaces: 0.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Gutters, Sidewalks, Storm Drains
School Info
•   
Directions: South Of Florence and East Of La Cienega
Other
Calculation
•   
Dom: 44
•   
Cdom: 44

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Los Angeles
Inglewood
27
Properties for sale
11
Median days on market
$464.41
Median sold price/sqft
101.28%
Sold/List %
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Property History for 710 Cory Drive

09/26/2021
09/26/2021
CRMLS #SB21213423
active
CRMLS #SB21213423
$2,200,000

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