135 N Hillcrest Blvd - Apartments FOR SALE


Inglewood, CA 90301
$2,725,000 USD
818-332-1413
135 N Hillcrest Blvd, Inglewood, CA for Sale
$2,725,000 USD
Apartments - FOR SALE
1/8
null | 5% Cap Rate

135 N Hillcrest Blvd
Inglewood, CA 90301


HIGHLIGHTS

  • Corner Location
  • Tremendous value and upside
  • Priced below market comps

OVERVIEW

135 N. Hillcrest Blvd presents a unique opportunity to acquire a 12-unit multi-family investment property strategically positioned at the nexus of the beach cities, LAX and DTLA. Tenants will enjoy immediate access to renowned retail centers and entertainment hubs such as SoFi Stadium, Hollywood park, KIA Forum and the Intuit Dome. This location is nestled in a charming neighborhood on a tree-lined street. The property offers a diverse unit mix with (8) 1-bedroom, (3) 2-bedroom and (1) 2-bedroom + Den units. The property also has (12) garaged parking spaces. There is tremendous opportunity for value enhancement with current rents reflecting a potential upside of nearly 40%. This property is being sold "As-Is".

FOR SALE DETAILS

PRICE

$2,725,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

12

PRICE/UNIT

$227,083

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,487 SF

ZONING

INR3YY

APN/PARCEL ID

4021-006-001

ASK ABOUT THIS PROPERTY

818-332-1413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

818-332-1413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.