911 E La Palma DR #K, Inglewood, CA 90301
911 E La Palma DR #K, Inglewood, CA 90301
911 E La Palma DR #K, Inglewood, CA 90301
911 E La Palma DR #K, Inglewood, CA 90301
911 E La Palma DR #K, Inglewood, CA 90301
911 E La Palma DR #K, Inglewood, CA 90301
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$ 2,250,000
Est. payment | /mo

11 Beds

10 Baths

5,521 SqFt


Save
$ 2,250,000
Est. payment | /mo
Save

11 Beds

10 Baths

5,521 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,521 sqft

Price per Sqft $407

MLS Listing ID 26107674

Bedrooms 11

HOA Y/N No

Year Built 1937

Lot Size 0.264 Acres

Property Description

911 E La Palma Dr | 10-Unit Multifamily, Inglewood. 1937-built asset totaling 5,521 SF on an 11,488 SF lot on the north side of E La Palma Dr between Larch St and Myrtle Ave, less than a mile from SoFi Stadium and within about a mile of Intuit Dome and the Kia Forum. The property features (10) 1BR/1BA units averaging 470 SF, each upgraded throughout, plus 10 on-site parking spaces and an established RUBS program. All ten units are occupied at an average rent of $1,832 against a $1,975 market rent, and the property is subject to the Inglewood Housing Protection Ordinance. Offered at $2,250,000 ($225,000/unit | $407.53/SF) with a 6.59% in-place cap rate, the story here is simplicity a fully occupied, upgraded asset in the stadium district with a 7.30% pro forma cap and no capital program required.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Private

Total Parking Spaces 10

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4021034030

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc. #02060040

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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911 E La Palma DR #K