$855,000
$850,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
7,291 Sqft Lot
SOLD DATE : 09/06/2024
Key Details
Sold Price $855,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24163635
Sold Date 09/06/24
HOA Y/N No
Year Built 1934
Lot Size 7,291 Sqft
Property Description
10833 Mansel Ave is a well-positioned 4-Unit building located at the end of a quiet cul–de-sac neighborhood in Lennox (Inglewood) a short distance from the Inglewood Sports/Concert Venues. Built in 1934 the 2,050 SF building features (4) 1-bed/1-bath units. The Disconnected 3-Car Garage Provides ADU Potential. The building offers strong upside with a market cap of 6.73% and a current cap of 4.22%.
Given the ideal location in a high-growth city and consistent income this building provides, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR2*
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4037009033
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "