We are pleased to announce a price adjustment on this great opportunity to purchase an investment property in the booming City of Inglewood. Inglewood is the hottest market for multifamily properties in Southern California. With Multi-Billion Dollar improvements taking place right down the street, these apartments are the best long term investments available. The site is located just west of Prairie and north of Manchester. The unit mix consists of four-two bedroom and eight-one bedroom units. The units average almost 800 square feet each and the structures were built in 1958. The property has been well maintained but there is tremendous upside potential with an aggressive renovation-upgrade program which would allow for a significant increase in rents. Currently, there is no rent control in the City of Inglewood. There is carport parking available for all tenants. Please do not walk on property or disturb tenants in any way. Addresses are 620 and 624 Aerick Street.
|Last Updated||2/7/2019||Year Built||1958|
|Community||101 - North Inglewood||County||Los Angeles|
|Prior to Feb 7, '19||$4,000,000|
|Feb 7, '19 - Today||$3,700,000|
|AREA||101 - North Inglewood|
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