7927 S Van Ness Avenue, Inglewood, CA 90305 (MLS # SB18203792)

Price $950,000
Status Active
Beds 0
Baths 0 bath
Home size 3,496 sq ft
Lot Size 12,480 sqft
Days on Market 113
Lyon | Stahl is pleased to present 7927-8001 Van Ness Ave., a 12,481 sq.ft lot located in the rapidly appreciating city of Inglewood. The property is equipped with (2) 1-bed/1-bath units and Fish Market as the third unit. This property is in prime location, only minutes from the city’s new Los Angeles Stadium and Entertainment District, the Hollywood Park Casino, and the Arts District of Inglewood. A great income asset already, this value add property has 43% upside in rents, and all leases are month to month. Market 7.90% CAP, 9.82 GRM!! Zoning for the property is INC2YY. The city of Inglewood has also been working with developers to make land acquisitions more suitable and possible, and easing a majority of their restrictions. 7927-8001 Van Ness is a fantastic play for any multi family owner or developer looking to obtain property in the rapidly growing city of Inglewood.
Property Type(s): Residential Income
Last Updated 9/14/2018 Year Built 1947
Community 102 - South Inglewood County Los Angeles

Price History

Prior to Sep 14, '18 $1,025,000
Sep 14, '18 - Today $950,000

Additional Details

AREA 102 - South Inglewood
LOT 0.29 acre(s)
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
WATER Public
ZONING INC2YY

Location

 

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Listing provided by : Cameron Samimi CalDRE: 02035763, Lyon Stahl Investment Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/18 3:47 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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