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PENDING

820 S Osage Avenue, Inglewood, CA 90301$2,750,000

1
bed
2
baths
6903
ft2
· 14629
ft2 lot
$398 / ft2

Listing provided courtesy of Victor Gonzalez, Horizon Real Estate Management Group
Source CRMLS;
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Great investment opportunity in Inglewood. These 12 units are just 1 1/2 blocks from SOFI Stadium. The property sits on a large 14,629 square-foot lot. It consists of 8 individual 1 bedroom, 1 bathroom units and the rear structure has 2 1+1 units and 2 studio units. All of the 10 1+1 units have laundry hookups. There are 9 garages. 2 units will be delivered vacant. This is a great property with lots of upside and a great lot for development as it is zoned R-3. Each unit has its own gas and electric meters.

HOA

No HOA

On market

3 months

Year built

1941

Property type

Multi-Family

Parking

9

MLS

22215985

Price / Sq.Ft.

$398 / ft2

Status

Pending

Buyer’s Brokerage Commission

1.5%

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Home details for 820 S Osage Avenue

Interior Features & Layout
Appliances
•   
Appliances: Refrigerator
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 6903.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 9.00
Building Info
•   
Zoning: INR3-P1*
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 12
Lot Info
•   
Lot Size Acres: 0.3358
•   
Lot Size Area: 14629.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Common Walls: No Common Walls
Exterior Features
•   
Direction Faces: West
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 185988.00
•   
Vacancy Allowance Rate: 2.00
•   
Cap Rate: 4.58
•   
Total Expenses: 53976.00
•   
Gross Multiplier: 14.78
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 185988.00
Lease Info
•   
Net Operating Income: 125944.00
Listing Info
•   
Status: Pending
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 913.00
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1826.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 10
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1387.00
•   
Unit 1 Total Rent: 15496.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
School Info
•   
Directions: West of Prairie, north of Century.
Other
Calculation
•   
Dom: 26

Property History for 820 S Osage Avenue

12/02/2022
12/02/2022
CRMLS #22215985
pending
CRMLS #22215985
$2,750,000
11/18/2022
11/18/2022
CRMLS #22215985
pending
CRMLS #22215985
$2,750,000
11/08/2022
11/08/2022
CRMLS #22215985
active
CRMLS #22215985
$2,750,000

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