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915 Enterprise Avenue

Inglewood, CA 90302
  • $1,550,000
  • STATUS: Active Under Contract
  • ON SITE: 76 Days
  • ID#: 24355997
Under Contract
UPDATED: 99 min ago
$1,550,000
  • 11
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,435
    SQFT
  • $285
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Listing Agent(s): Jonathan Nikfarjam of Shield CRE, Inc. (310-593-9869)


Description

Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) | 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit | Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify | Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify | Large 7,501-SF Lot | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 | Private Balconies & On-Site Laundry Facility | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-24T13:40:46.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147365905
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915 Enterprise Avenue Inglewood, CA 90302

  • Price: $1,550,000
  • Status: Active Under Contract
  • On Site: 76 Days
  • Updated: 99 min ago
  • ID#: 24355997
11
Beds
0
Baths
0
½ Baths
0.17
Acres
5,435
SQFT
$285
$/SQFT
1966
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Outstanding North Inglewood Location | Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) | 5.49% Current Cap Rate & 11.83 Current GRM | 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM | 4 Units are Less than 80% of Inglewood FMR | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit | Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify | Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify | Large 7,501-SF Lot | Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 | Private Balconies & On-Site Laundry Facility | Total of 8 Parking Spaces | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project
Exterior Features

Carport Spaces 6 Carport YN Yes Parking Features CarportGarage Parking Total 8

Property Features

Additional Parcels YN No Association YN No Cap Rate 5.49 Garage YN Yes Gross Income 130992 Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 85128 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-24T13:40:46.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Jonathan Nikfarjam of Shield CRE, Inc. (310-593-9869)