10619 S Felton Ave Avenue, Inglewood, CA 90304

$1,799,500

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Listing courtesy of Listing Agent: George Wheeler (geowheeler5@outlook.com) from Listing Office: Prism Realty US.

List Price
$1,799,500
Price Change
▼ $196,000 1784865924
Status
Active
MLS#
P1-27977
Year Built
2024
Lot Size
5,450
Lot Location
0-1 Unit/Acre, Back Yard, Front Yard, Near Public Transit, Sprinklers None, Street Level
Days on Market
19
Property Type
Multifamily
Property Type
Multifamily
Style
Modern
Stories
Two Levels

Property Description

New Construction: Residential Investment Opportunity- Felton Avenue Duplex Near LAX. This property won't last!Exceptional Investment Opportunity - Prime Inglewood LocationThe Duplex was built in 2024 and consists of 10 Bedrooms/ 6 Baths and a monthly income of $12,500. Net operating income: $121,459 and an attractive 6.75% capitalization rate; the property is designed for both strong current cash flow and long-term appreciation. Ideally located just minutes from LAX, SoFi Stadium, Intuit Dome, Hollywood Park Casino, and the area's exciting entertainment and transportation corridor. This well-maintained income property offers investors an outstanding opportunity to acquire a high-quality asset in one of Southern California's most dynamic markets.Each unit is separately metered and includes washer and dryer hookups, a tankless water heater, and energy-efficient solar--features that enhance tenant appeal while helping reduce operating costs.THE PROPERTY IS TENANT-OCCUPIED. PLEASE DO NOT DISTURB THE TENANTS

Additional Information

Taxes
$15,288
Pool Description
None
Cooling
Yes
View
None
Exterior Construction
Drywall, Concrete, Stucco
Roof
Tar/Gravel
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Terms
Cash, Cash to New Loan, Conventional

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.