$1,895,000
Closed

6720 WEST Boulevard

Los Angeles, CA 90043
Listing OfficeColdwell Banker Residential Brokerage
Type:Multi-Family
Structure:House
Zone:Commercial

Description

8% CAP RATE 8 UNIT, 10,285 SF LOT C2 ZONE TOC Tier 3, NEXT TO RAMS, FULLY RENOVATED 3 UNITS, 3 UNIT TO BE DELIVERED VACANT, Boasting over 6,720 SF living space, sitting on a massive 10,285 SF lot, this rare one of a kind, 8 X 2 Beds and 1 bath 8 plex in Inglewood that currently produces great market rate rental income addition to tremendous upside potential is priced just right for a quick sale. C2 Zoned which allows R4 use with TOC tier 3 benefits on 10,285 SF Lot, this property may be allowed to build up to 45 units on this single lot (buyer to verify) Florence/West LA Metro rail which will connect to LAX is only 0.1 Mile south, just under 9 minute drive to the brand new 80,000 seat NFL Rams stadium, less than 2 miles away from the planned Hollywood Park development which will include about 500,000 SF retail & entertainment and more than 2500 residential units, this property's location screams for investors attention.

Location

Paul FisherReal Estate Group