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$ 960,000
Est. payment | /mo
3 Baths
2,596 SqFt
$ 960,000
Est. payment | /mo
3 Baths
2,596 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $369
MLS Listing ID 25489783
HOA Y/N No
Year Built 1922
Lot Size 7,169 Sqft
Property Description
707 E 65th St is a 2,596-square-foot property on a spacious 7,167-square-foot lot with commercial zoning. It includes (1) 3-Bed/2-Bath unit, (1) 3-Bed/1-Bath unit, and 2-Bed/1-Bath unit. Each unit has its own private outdoor space, and there are also two garages on the property. The property is in the heart of Inglewood, close to major landmarks like SoFi Stadium, the Intuit Dome, and The Forum, making it a great location to invest in a growing market. It's priced at $960,000, which breaks the metrics to an attractive $320,000 per unit and $369.80 per square foot. With a strong cap rate of 6.42% and a GRM of 11.07, this property has great income potential. It's a solid opportunity for someone looking to invest in a well-located property with good returns.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning C-N
Interior
Cooling None
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4014020001
Special Listing Condition Standard
Listed by David Messiah • Lyon Stahl Investment Real Estate, Inc.