PRIME NW Inglewood Location. 8 unit apartment complex with recently upgraded Electrical panels (2024), and Roof (approx 10 yrs old). Great unit mix with a mix of Large One Bedrooms (5) and Two Bedroom One Bath units (3). Price to Sell with a potential 6%+ Cap, Upside Potential in rents, 10.94 GRM, $290's per/ft., Long Term tenants (Rent Roll attached). City of Inglewood allows a generous annual rent increase of 8.9% when rents are below their 80% FMR (Fair Market Value) which applies to all of the residents. This asset is NOT subject to LA City or LA County rent control. Low Cost of operations as each tenant pays their own Hot Water with individual Hot Water Heaters in each unit and individual electric meters. Tenants also benefit from a gas servicing each unit (as with individual meters). Common area laundry on site with a month to month agreement in place. Parking area consists of Open Spaces (3), Carports (3), 2 car enclosed garage, plus an additional single car enclosed garage. Amazing street presence. Pride of Ownership asset. Seller (and partners) have owned this asset for 24+ years !!! (Retiring / dissolving the partnership - No Seller carrybacks of financing offers are considered). SB 326 Balcony requirements: Inspected and Repairs completed with permits by National Deck. All railings also brought up to code. Main Gas Meters updated with Earthquake Shut off Valves.