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Home for Sale at 620 Aerick Street, Inglewood, CA 90301

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620 Aerick Street, Inglewood, CA 90301
Listing# 18417500
 
 
 
 
Price: $3,700,000
Type: Residential Income
County: Los Angeles
 
 
 
 
    Photo of home for sale at 620 AERICK Street, Inglewood CA
 
 
 
 
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Property Description:
 
 
 
 
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.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Residential Income
Listing Status:Active
Area Name:101 - North Inglewood
Year Built:1958
Lot Square Feet:13438
Acres:0.31
Parking Features:Detached Carport
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$3,700,000
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Based on information from California Regional Multiple Listing Service, Inc. as of 04/25/2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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