10719 S Van Ness Ave, Inglewood | 10719 S Van Ness Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
10719 S Van Ness Ave, Inglewood 10719 S Van Ness Ave
3 Unit Apartment Building $1,406,400 CAD ($468,800 CAD/Unit) 3.90% Cap Rate Inglewood, CA 90303
Investment Highlights
- Ideal unit mix with (3) 2bed units all with private patios, single car garages and their own washer/dryer hookups
- Units have been renovated - Property has been renovated under City of Inglewood Sound Insulation program (New electrical, windows, doors, A/C and misc
- Unit mix of (3) 2Bed+1Bath units with opportunity to build an ADU in the rear; Each unit is about 866sqft
- Amazing walkability and location truly minutes from SoFi, Intuit Dome, etc.
- Property also features new garage doors, exterior paint and wrought-iron fencing in rear
- Opportunity for owner-user or investor looking for value-add deal
Executive Summary
Remodeled tri-plex in a very desirable residential
neighborhood full of single family homes in Inglewood.
This tri-plex is oversized at 2,596 square feet. One of the
largest you will find in the area. Hard to beat this tri-plex
with the most desirable unit mix you can ask for. All units
are 2 bedrooms + 1 bath w/ private patios, washer and
dryer hook-ups, and private garages. The large single
story units are almost 900 sq ft.
This property is literally minutes from SoFi Stadium,
YouTube Theater, Intuit Arena, LAX airport, and many more
developments. With an A+ location and a walk score of 75
(Very Walkable), 10719 S Van Ness Ave is an ideal spot for
any tenant or AIR BNB guest.
Value-add opportunity here: Buyer has the opportunity to
either convert the garages or build an ADU on top to add
additional value without losing parking.
Do not wait. Assets like these are hard to come by. Submit
all offers to teamsamimi@lyonstahl.com.
3% Down, FHA, NACA, VA, and all program loans accepted.
neighborhood full of single family homes in Inglewood.
This tri-plex is oversized at 2,596 square feet. One of the
largest you will find in the area. Hard to beat this tri-plex
with the most desirable unit mix you can ask for. All units
are 2 bedrooms + 1 bath w/ private patios, washer and
dryer hook-ups, and private garages. The large single
story units are almost 900 sq ft.
This property is literally minutes from SoFi Stadium,
YouTube Theater, Intuit Arena, LAX airport, and many more
developments. With an A+ location and a walk score of 75
(Very Walkable), 10719 S Van Ness Ave is an ideal spot for
any tenant or AIR BNB guest.
Value-add opportunity here: Buyer has the opportunity to
either convert the garages or build an ADU on top to add
additional value without losing parking.
Do not wait. Assets like these are hard to come by. Submit
all offers to teamsamimi@lyonstahl.com.
3% Down, FHA, NACA, VA, and all program loans accepted.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$92,523
|
$19.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,776
|
$0.60
|
| Effective Gross Income |
$89,748
|
$19.24
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,002
|
$7.51
|
| Net Operating Income |
$54,746
|
$11.74
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $92,523 |
| Annual Per SF | $19.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,776 |
| Annual Per SF | $0.60 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $89,748 |
| Annual Per SF | $19.24 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,002 |
| Annual Per SF | $7.51 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $54,746 |
| Annual Per SF | $11.74 |
Property Facts
| Price | $1,406,400 CAD | Property Subtype | Apartment |
| Price Per Unit | $468,800 CAD | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.90% | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 15.18 | Building Size | 4,664 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1954 |
| Price | $1,406,400 CAD |
| Price Per Unit | $468,800 CAD |
| Sale Type | Investment |
| Cap Rate | 3.90% |
| Gross Rent Multiplier | 15.18 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,664 SF |
| No. Stories | 1 |
| Year Built | 1954 |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Pantry
- Patio
1 of 1
-
Cameron Samimi -
Michael Padilla -
Lyon Stahl Investment Real Estate
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
10719 S Van Ness Ave, Inglewood | 10719 S Van Ness Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.