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711 Walnut St
Inglewood, CA 90301

Going-In 5.05% CAP with Over 50% Upside · Multifamily Property For Sale · 13 Units

Investment Highlights

  • Going-In 5% CAP with Over 50% Upside | Attractive Fixed-Value Metrics
  • Massive Units (Blended Average Exceeding 1,000 SF Each) & Diverse Unit-Mix
  • Convenient Access to LAX, 105 Fwy, & 405 Fwy
  • Attractive Assumable Debt at 4.49% with 6 Years Remaining (CHASE)
  • Elegant Mid-Century Modern Architecture (Featuring Appealing Unit Layouts)
  • Appx. 1.5 Miles to SoFi Stadium, The Kia Forum, and Hollywood Park Casino | 3.5 Mile to LAX

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.22 AC
Building Size 10,942 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 1.1/1,000 SF

Unit Amenities

  • Fireplace

Site Amenities

  • Laundry Facilities
  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 7 - -
2+2 2 - -
1+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4022-025-004
Land Assessment
$425,279
Improvements Assessment
$1,264,934
Total Assessment
$1,690,213

zoning

Zoning Code INR3YY
INR3YY
  • Listing ID: 30039748

  • Date on Market: 2023-11-12

  • Last Updated:

  • Address: 711 Walnut St, Inglewood, CA 90301

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