Properties
Inglewood, CA 90301 222 N LOCUST
$1,949,000
12 more
Presented By: Messou Attai with Home Smart Realty Group; 310-497-7963
Baths • 1
SQFT • 5,187
Garage • 8
Home Details
LOCATED IN HIGHLY DESIRABLE AREA, WALKING DISTANCE TO INGLEWOOD CITY HALL AND THE FLORENCE/LA BREA METRO STATION. THE TWO BUILDINGS WITH A TOTAL SQUARE FOOTAGE OF 5,187 ON A 9,998 SQUARE FOOT LOT HAVE 8 UNITS WITH A MIX OF TWO 2 BEDROOMS, 1 BATHROOM, FOUR 1 BEDROOM, 1 BATHROOM AND TWO STUDIOS. THESE TWO BUILDINGS ARE WELL MAINTAINED WITH MAJOR REPAIR TO THE SEWER MAIN LINE, NEW BREAKER PANELS & 220 AMP SERVICE TO THE ENTIRE COMPLEX. CLOSE TO SOFI STADIUM, THE KIA FORUM, YOUTUBE THEATER, INTUIT DOME, AND THE BECKMAN YOLA CENTER. IT IS A GOOD INVESTMENT FOR SAVY INVESTORS OR FIRST TIME BUYER LOOKING FOR PASSIVE INCOME AND LONG TERM APPRECIATION. THERE IS A HIGH DEMAND OF RENTAL UNIT IN THE CITY OF INGLEWOOD BECAUSE OF ITS PROXIMITY TO LAX, THE 405 FREEWAY AND THE LA METRO K LINE STATION.
LOCATED IN SB 79 ZONE.
Presented By: Messou Attai with Home Smart Realty Group; 310-497-7963
Interior Features for 222 N LOCUST
Other Interior Features
Common Walls1 Common Wall
Laundry FeaturesCommon Area
Total Stories1
Other Rooms
Entry Level
General for 222 N LOCUST
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityInglewood
Community FeaturesBiking, Park, Street Lights, Urban
CountyLos Angeles
DirectionsLA BREA/ FLORENCE
Electric Expense1779
Entry Location1
Fuel Expense2
Garage Spaces8
Garage Y/NYes
Gross Income83534
Insurance Expense7863
Land Lease Y/NNo
Listing TermsCash to New Loan, Conventional, Contract
Lot Size Square Feet10001
Lot Size UnitsSquare Feet
MLS Area101 - North Inglewood
Net Operating Income83534
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Operating Expense48567
Pool FeaturesNone
PostalCityINGLEWOOD
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPrivate Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot44
Tenant PaysElectricity, Gas
Total Actual Rent11545
Trash Expense8333
Water Sewer Expense0
Year Built1949
Year Built SourceAssessor
Exterior for 222 N LOCUST
Building Area Total5187
Lot Features6-10 Units/Acre
Lot Size Acres0.2296
Lot Size Area10001
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
