Inglewood, CA 90222,12500 S Wilmington AVE
Inglewood, CA 90222,12500 S Wilmington AVE
Inglewood, CA 90222,12500 S Wilmington AVE
8
$2,500,000
$2,690,000
7.1%
Est.Price: ?

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0.37 Acres Lot

12500 S Wilmington AVE Inglewood, CA 90222

Est. payment /mo
SOLD DATE : 12/12/2019

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Key Details

Sold Price $2,500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW19182160

Sold Date 12/12/19

HOA Y/N No

Year Built 2016

Lot Size 0.370 Acres

Acres 0.37

Property Description

12500 South Wilmington Avenue, a 2016 construction seven-unit apartment community in Compton, California. This offering presents an outstanding opportunity for an investor to acquire a newer construction asset with excellent in-place cash flow, potential upside in rents, and low operating and maintenance expenses.

The property consists of four buildings on a 0.37-acre lot and offers a strong mix of six four-bed/three-bath units and one three-bed/two-bath unit. The units are separately metered for all utilities, and each unit has a two-car garage and a full appliance package, including a washer and dryer.

12500 South Wilmington Avenue is located next to a church and across from a school complex that consists of Harriet Tubman High School, Thurgood Marshall Alternative School and Cesar Chavez Continuation High School. Additionally, the property is conveniently near the Metro Green Line (Willowbrook / Rosa Parks Station), and just a half-mile from the 105 freeway and Kenneth Hahn Plaza, a shopping center that features Food4Less, Rite Aid, Subway, Denny's and mother.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning LCR3*

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6150001011

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
Bought with Steven Bogoyevac • Steven M. Bogoyevac, Broker

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Cher Team

Broker | License ID: 02094241

+1(949) 683-7472

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