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9301 9609 CRENSHAW, Inglewood, CA 90305

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9301 9609 CRENSHAW
Inglewood, CA 90305

For Sale: $28,896,000

Property Type: Commercial Apartments
MLS#: 17283758

  • Building Size: 81243 SF
  • Lot Size: 144956 SF
  • Number of Units: 80
  • Number of Stories: 2
  • Year Built: 1955
  • Days on market: 136
  • Cap Rate: 3.22
  • Net Operating Income: $930,508
  • Gross Scheduled Income: $1,568,780
  • Rent Control: No
  • GRM: 18.55
  • Contact Listing Agent Direct:
  • Aaron Fierstein, Marcus & Millichap


Property Description

DO NOT SPEAK TO TENANTS OR MANAGER / NO PREVIEWS OR OPEN HOUSES / HANDLE WITH CARE, PROFESSIONALISM, and BE DISCREET!!!This is one of the most sought after real estate investment opportunities in the non-rent control South Bay community of Inglewood / 20 adjacent 4-plex apartment homes each on their own separate 7,200+ sq. ft. parcel zoned R3 / A total of 80 units / 144,956 sq. ft. combined lot or 3.3 acres zoned R3 / All 2 bedroom, 1 bathroom units at approximately 950 sq. ft. / Approximately 45% or more upside in rental income / First time on the market in over 40 years / Located in one of the fastest growing real estate markets / Just blocks away from the Forum, the Hollywood Park Redevelopment and NFL Stadium / New roofs, carport and garage parking, patios, and laundry


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9301 9609 CRENSHAW, Inglewood, CA 90305

Based on information from California Regional Multiple Listing Service, Inc. as of October 30, 2017. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Aaron Fierstein, Marcus & Millichap

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