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Listed by Abu Majumder • Abu Majumder, Broker
$ 3,495,000
Est. payment /mo
Active
530 West Olive Street Inglewood, CA 90301
11,886 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,886 sqft
Price per Sqft $294
MLS Listing ID SB-25078572
Year Built 1964
Lot Size 10,203 Sqft
Property Sub-Type Apartment
Property Description
A beautifully remodeled apartment building located on a quiet street in Inglewood is now for sale. The property consists of 12 mixed units, each averaging approximately 1,000 square feet. Situated just south of Manchester Boulevard in a primarily residential neighborhood, these high-quality units are designed to appeal to the area's most discerning renters. In addition to this property, three more buildings are also available for sale. These properties can be sold individually or as part of a portfolio: 16 units at 404 E. Hyde Park, Inglewood 12 units at 511 Venice Way, Inglewood 6 units at 717 N. Market Street, Inglewood Out of the 46 total units across all properties, 41 have been fully remodeled to condo-quality standards. This portfolio offers a turnkey, low-maintenance investment opportunity, with a strong track record of minimal vacancy, low tenant turnover, and 100% rent collection. Ample parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two parking spaces each.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Heating Radiant
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks
Building
Lot Description Lot 10000-19999 Sqft, Near Public Transit
Sewer Public Sewer