Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
County
--
Area
--

School Ratings & Info

Description

Great investment opportunity in the desirable section of the Northwest section of Inglewood close to City Hall, LAX, future NFL stadium and the Forum. The property offers a desirable unit mix consisting of three (3) 1+1, two (2) 2+1 and two (2) 2-1.5 units. Six (6) of the seven (7) units have been updated. The property has a total of seven (7) parking spaces; (four (4) garages and three (3) tuck under spaces). Rents are low and there is substantial upside for the future buyer. There is an on-site laundry room and the equipment is owned by the seller which brings in additional income. The utilities are individually metered and offers gated entry, individual patios & balconies and 2 units have individual fireplaces. PLEASE NOTE: (1) DO NOT DISTURB THE TENANTS. (2) All offers to be submitted on a CAR Form RIPA (3) Books & records and physical inspection with accepted offer. (4) Buyer to provide proof of funds with offer. (5) Seller to select all services. (6) Property sold as is condition.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T19:26:05.713. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/118233698
Print Image

420 W Queen Street Inglewood, CA 90301

  • Price: $2,095,000
  • Status: Active
  • Updated: 56 min ago
  • ID#: 21748878
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1962
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Great investment opportunity in the desirable section of the Northwest section of Inglewood close to City Hall, LAX, future NFL stadium and the Forum. The property offers a desirable unit mix consisting of three (3) 1+1, two (2) 2+1 and two (2) 2-1.5 units. Six (6) of the seven (7) units have been updated. The property has a total of seven (7) parking spaces; (four (4) garages and three (3) tuck under spaces). Rents are low and there is substantial upside for the future buyer. There is an on-site laundry room and the equipment is owned by the seller which brings in additional income. The utilities are individually metered and offers gated entry, individual patios & balconies and 2 units have individual fireplaces. PLEASE NOTE: (1) DO NOT DISTURB THE TENANTS. (2) All offers to be submitted on a CAR Form RIPA (3) Books & records and physical inspection with accepted offer. (4) Buyer to provide proof of funds with offer. (5) Seller to select all services. (6) Property sold as is condition.
Exterior Features

Foundation Details Slab Parking Features Covered Parking Total 6

Interior Features

Appliances Disposal Cooling None Cooling YN No

Property Features

Additional Parcels YN No Disclosures Rent Control Garage YN Yes Gross Income 137277 Gross Scheduled Income 137277 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 86889 Possession Close Of Escrow Rent Control YN Yes Security Features Security Gate Senior Community YN No Sewer Other Special Listing Conditions Standard Total Actual Rent 136380 Vacancy Allowance Rate 0 Zoning Inr4*

Listing provided courtesy of Lawrence Cannizzaro of Lawrence Frank Cannizzaro


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T19:26:05.713. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365599906-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365599906-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365599906-2.jpg
Logo
RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395