707 E 65th St Active

Inglewood,CA 90302

$ 960000

- Bed

3 Baths

2596 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,596 sqft

Price per Sqft $369

MLS Listing ID 25-489783

Year Built 1922

Lot Size 7,169 Sqft

Property Sub-Type Multi-Family

Property Description

707 E 65th St is a 2,596-square-foot property on a spacious 7,167-square-foot lot with commercial zoning. It includes (1) 3-Bed/2-Bath unit, (1) 3-Bed/1-Bath unit, and 2-Bed/1-Bath unit. Each unit has its own private outdoor space, and there are also two garages on the property. The property is in the heart of Inglewood, close to major landmarks like SoFi Stadium, the Intuit Dome, and The Forum, making it a great location to invest in a growing market. It's priced at $960,000, which breaks the metrics to an attractive $320,000 per unit and $369.80 per square foot. With a strong cap rate of 6.42% and a GRM of 11.07, this property has great income potential. It's a solid opportunity for someone looking to invest in a well-located property with good returns.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning C-N

Rooms

Other Rooms None

Interior

Heating Other

Cooling None

Equipment Other

Exterior

Parking Features Garage - 3 Car

Garage Spaces 4.0

Building

Story 1

Others

Special Listing Condition Standard

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