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713 Edgewood St | Inglewood CA | 7321613625

Jake Glaser

This listing was posted on RealtyWW.

$2,495,000

Edgewood St, Inglewood, Home For Sale

Price:
$2,495,000
BR/BA:
10+ BR, 8 BA
Location:
713 Edgewood St, Inglewood, CA
Description:

ASSUMABLE $1.18M CHASE LOAN AT 4.70% INTEREST-ONLY THRU AUGUST 2027... This 8-unit apartment building is located in prime Inglewood, one of the hottest up-and-coming markets in Los Angeles. The property was built in 1972 and is comprised of (6) 1-bed / 1-bath units and (2) 2-bed /1-bath units. The property sits on a huge lot, nearly 9, 000 square feet, and is zoned R3. The two-bedroom units have spacious balconies, and one of the one-bedrooms at the front of the building also has a large private balcony. Significant capital improvements have gone into the building, including new mainline sewer pipes, updated electrical components, and extensive interior renovations in 4 out of the 8 units. These tasteful renovations include new flooring, new kitchen/bathroom cabinets and fixtures, new stainless-steel appliances, bathroom tiling, recessed lighting, as well as new blinds and fans. The property also features 8 parking spaces and a community laundry area for additional income. Additionally, the property is being offered with a fantastic assumable Chase loan at 4.7% interest-only through August 2027, providing a 4.91% cash-on-cash. Lastly, the property offers room to build at least 3-4 ADUs in the tuck-under parking area, detached garage and attached storage areas (Buyer to verify).For more details: https://realtyww.info/homes_inglewood-d530841/for-sale_i73601003
Property Type:
Single-Family Houses
Amenities:
Parking, Patio/Deck, Storage
Posted:
July 2 on RealtyWW
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More About this Listing: Edgewood St, Inglewood, Home For Sale
Edgewood St, Inglewood, Home For Sale is a 10+ BR Eight Bath Single-Family Homes for Sale at 713 Edgewood St in Inglewood CA. Find other listings like Edgewood St, Inglewood, Home For Sale and listings near 713 Edgewood St by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Inglewood CA.