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212 E Tamarack Ave

Inglewood, CA 90301
  • $3,800,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 21-101769
UPDATED: 9 min ago
$3,800,000
  • 15
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,802
    SQFT
  • $388
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Prime Inglewood Location - The building lies only a half of a mile away from SoFi Stadium and renowned LA Forum. Value-Add Opportunity - With rents below market, an investor can capture the upside as units turnover. Capital Improvements and Building Amenities - The property was renovated with central AC / heating and soundproof windows and doors. over half of the units feature granite countertops and newer appliances. The central water heater was recently replaced and major renovation was completed to the sewer and drain lines. Subterranean Parking and Laundry On-Site - The property features 12 secured parking spaces as well as on-site laundry.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T06:42:48.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/123036018
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212 E Tamarack Ave Inglewood, CA 90301

  • Price: $3,800,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 9 min ago
  • MLS #: 21-101769
15
Beds
0
Baths
0
½ Baths
0.27
Acres
9,802
SQFT
$388
$/SQFT
1960
Built
Neighborhood:
North Inglewood
County:
Los Angeles
Area:
North Inglewood
Property Description
Prime Inglewood Location - The building lies only a half of a mile away from SoFi Stadium and renowned LA Forum. Value-Add Opportunity - With rents below market, an investor can capture the upside as units turnover. Capital Improvements and Building Amenities - The property was renovated with central AC / heating and soundproof windows and doors. over half of the units feature granite countertops and newer appliances. The central water heater was recently replaced and major renovation was completed to the sewer and drain lines. Subterranean Parking and Laundry On-Site - The property features 12 secured parking spaces as well as on-site laundry.
Exterior Features

Covered Parking 12 Lot Size Area 11747 Other Structures None Parking Garage Subterranean Total Parking 12

Interior Features

Baths Total 12.00 Common Walls Attached Cooling Central Equipment Other Heating Central Laundry Laundry Area Laundry Equipment Lease Water Heater Features Central Water Heater

Property Features

Assessed Total Value 388910 Electric Expense 7200.00 Gardener Expense 1200.00 Gross Income 210084 Gross Operating Income 203808 Insurance Expense 4901.00 Like Units1 9 Like Units2 3 Maintenance Expense 6000.00 Management Expense 10459.00 Net Operating Income 124148.00 Number Of Buildings 1 Number Of Units 12 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Other Total Annual Expense 79660 Type Of Units Mix Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Inr3yy

Listing provided courtesy of John Katnik DRE#02002695 of James Capital Advisors, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T06:42:48.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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