713 Edgewood Street
Inglewood, CA 90302
- – beds
- – baths
- – sqft
- 8,918 sqft lot
- 1972 build
- – on site
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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 & 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 5.70% 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).
Last checked:
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Last updated Oct 23, 2024
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MLS# 24409925 —
The Building
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Year Built:1972
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New Construction:No
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Architectural Style:Mid Century Modern
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Building Area Total:6220.00
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# of Buildings:1
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Total Number Of Units:8
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Stories Total:2
Interior
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Levels:Two
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Laundry:Community
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Laundry:1
Location
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Directions:Between La Brea and Centinela off Hyde Park Blvd.
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Latitude:33.97305200
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Longitude:-118.35470700
The Property
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Property Type:Residential Income
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Zoning:INR3*
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Lot Size Area:8918.0000
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Lot Size Dimensions:50x136
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Lot Size Acres:0.2047
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Lot Size SqFt:8918.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4016011001
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/22/24
Oct 22, 2024
|
Sold | CRMLS_CA | $2,250,000 | -4.1% |
|
10/1/24
Oct 1, 2024
|
Pending | CRMLS_CA | $2,345,000 | |
|
9/19/24
Sep 19, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $2,345,000 |
