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Listing 12 out of 22
Sold for $1,515,000 Sold

614 Hill Street
Inglewood, CA 90302

9 beds | Residential Income
5,394 sq ft - MLS# 19452826
Property Photo

Sold

Sold for $1,515,000 on Jun 26, 2019

Description

Well maintained 2 story apartment building located in the very desirable North Inglewood neighborhood very close to the Westchester border. Property has a detached 5 car carport plus 2 uncovered parking spaces. The owner just spent big bucks to redo the entire concrete parking area. The seller has recently remodeled many of the units and the building is in great shape. Great 3 bed 2 bath owner's unit on the lower floor. Units are very large averaging over 1000 square foot each. Seller has recently replaced all windows. Laundry room in rear. Front upper unit has tremendous views towards downtown and Century City. Property recently painted. Very attractive nice building for the astute investor. 2 section 8 tenants #2 and #4. Please contact agent for more information.

Features

  • Property Type: Residential Income
  • Sub Type: Apartment Building
  • Listing Status: Closed
  • Listing Price: $1,549,000
  • County/Area: Los Angeles County
  • Zip Code: 90302
  • Year Built: 1960
  • Subdivision/Neighborhood: North Inglewood (101)
  • Sq.Ft.: 5,394 sq ft
  • Style: Mid Century
  • Stories: 2-Story
  • Bedrooms: 9
  • # of Parking Spaces: 6
  • Zoning: INR3YY
  • Adjusted Gross Income: 103500.00
  • Agent License Number: 00919713
  • Cap Rate: 4.52
  • City Code: 10000059410
  • Cooking Appliances: Range
  • Expense Total Annual: 35904.00
  • Gross Operating Income: 103500.00
  • Gross Rent Multiplier: 14.75
  • Heating Fuel: Wall Gas
  • Heating Type: Wall Gas
  • Lot Size SQ FT: 7910
  • Lot Size Source: Vendor Enhanced
  • Net Operating Income: 69996.00
  • Number Of Buildings: 1
  • Owner Pays: Gardener, Water
  • Parking Features: Covered Parking
  • Parking Type: Carport Detached
  • Roofing: Asphalt Shingle
  • Selling Agent: Mona Flaum
  • Selling Office: Pinnacle Estate Properties, In
  • Sold Price Per Sqft: 280.87
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 2
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Unfurnished
  • Unit Furnished05: Unfurnished
  • Unit Furnished06: Partially
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 2350.00
  • Unit Monthly Rent02: 1750.00
  • Unit Monthly Rent03: 1300.00
  • Unit Monthly Rent04: 1450.00
  • Unit Monthly Rent05: 1700.00
  • Unit Number Of Bath01: 2.0
  • Unit Number Of Bath02: 1.0
  • Unit Number Of Bath03: 1.0
  • Unit Number Of Bath05: 2.0
  • Unit Number Of Bed01: 3
  • Unit Number Of Bed02: 2
  • Unit Number Of Bed03: 1
  • Unit Number Of Bed04: 1
  • Unit Number Of Bed05: 2
  • Units In Complex: 5
  • h: 1.0
  • Sold Date: 2019-06-26
Courtesy of Exp Realty Of California Inc, Derrick Ruiz (CalBRE: 00919713)


Gail Mercedes Cole (310) 853-9933

The Hills Premier Realty
9595 Wilshire Blvd, Ste #900, Beverly Hills, CA 90212
Beverly Hills, CA 90212

This is not intended as a solicitation of prospective buyers or sellers who already have an exclusive agency agreement with another agent. All information deemed accurate but not guaranteed, CalDRE#00788828
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