Listing ID: SR18043192
Price: $2,500,000
Address: 225 W MANCHESTER Boulevard
City: Inglewood
State: California
Postal Code: 90301
SqFt: 6,610
Acres: 0.225
County: Los Angeles
PLEASE DO NOT DISTURB THE TENANTS" GREAT LOCATION ZONED COMMERCIAL AND RESIDENTIAL. THIS PROPERTY IS UNIQUE W/LOTS OF POTENTIAL & UPSIDE VALUE. COMMERCIAL STORE/OFFICE This is one of the most sought after real estate investment opportunities. Located at right next to currently being built Rams Stadium Project. LA Stadium, the new home for the Los Angeles Rams and Los Angeles Chargers, is under construction at the former Hollywood Park site in Inglewood.

Primary Features

County: Los Angeles
IDX City Name: Inglewood
IDX County Name: Los Angeles
photo Count: 5
Property Type: Rental Income
Year Built: 1968
Zoning: INC2YY

Financial Details

Actual Rent Total: 9050
Expense Electric: 1269
Expense Gas: 1405
Expense Insurance: 3864
Expense Maintenance: 1500
Expense Operating: 13928
Expense Total Annual: 20092
Expense Water: 5890
Gross Equity: 115086
Gross Scheduled Income: 108600
Listing Terms: Exchange/Trade, Cash, Cash To New Loan, Conventional
Monthly Gross Income: 108600
Net Operating Income: 94672
Number Leased: 7
Original List Price: 2500000
Special Conditions: Standard Sale
Unit Monthly Rent01: 1750
Unit Monthly Rent02: 2250
Unit Monthly Rent03: 1350
Unit Monthly Rent04: 850
Unit Monthly Rent05: 800
Unit Monthly Rent06: 825
Unit Monthly Rent07: 1225
Unit Projected Total Monthly Rent01: 2700
Unit Projected Total Monthly Rent02: 2500
Unit Projected Total Monthly Rent03: 2500
Unit Projected Total Monthly Rent04: 1000
Unit Projected Total Monthly Rent05: 1000
Unit Projected Total Monthly Rent06: 1000
Unit Projected Total Monthly Rent07: 1500
Unit Total Monthly Rent01: 1750
Unit Total Monthly Rent02: 2250
Unit Total Monthly Rent03: 1350
Unit Total Monthly Rent04: 850
Unit Total Monthly Rent05: 800
Unit Total Monthly Rent06: 825
Unit Total Monthly Rent07: 1225

Additional

ADA Compliance: yes
Country: UNITED STATES OF AMERICA
Disability Access: Parking
Laundry Locations: None
List Agent License Number: 01084916
ListingStatus: Active
Number Of Buildings: 1
Number Water Meters: 1
Units Total In Complex: 7
Water: Water District, Public

Location Information

Area: North Inglewood (101)
Tax Legal Tract Number: 805
View: yes
View Details: City Lights View

Interior Features

Common Walls: Attached
Cooling Type: Central A/C, Electric, Gas
Floor Material: Carpet, Laminated
Heating Type: Central Furnace
Rooms: Study
Square Footage Studio: 300
Square Footage2 Bedroom: 800
Square Footage3 Bedroom: 1800
Unit Number Of Bath01: 1
Unit Number Of Bath02: 2
Unit Number Of Bath03: 1
Unit Number Of Bath04: 1
Unit Number Of Bath05: 1
Unit Number Of Bath06: 1
Unit Number Of Bath07: 1
Unit Number Of Bed02: 3
Unit Number Of Bed03: 2
Unit Number Of Bed07: 2
Water Heater Features: Water Heater Central

External Features

Carport Spaces Total: 8
Exterior Construction: Concrete
Garage Spaces Total: 4
Lot Description: Sidewalks, Street Lighting
Lot Size Source: Public Records
Lot Size SqFt: 9811
Number Electric Meters: 3
Number Gas Meters: 2
Open Other Spaces Total: 12
Other Structural Features: Balcony
Pool: no
Pool Descriptions: No Pool
Sewer: Public Sewer

Zoning Info


Listing courtesy of Roberto Mercado (01084916) from Fifth Avenue Properties.
Based on information from CARETS as of Sunday, October 20th, 2019 06:39:56 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CARETS. 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.

Contact - Listing ID SR18043192

Josh Goldstein

2115 Main Street
Santa Monica, CA 90405
Phone: 424-226-8069

Data services provided by IDX Broker
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