3321 W 74th, Los Angeles, CA 90043
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Donnie Bowen

Donnie Bowen

+1(949) 290-9754
$ 3,575,000
Est. payment | /mo

0.31 Acres Lot

Save
$ 3,575,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26064661

HOA Y/N No

Year Built 1960

Lot Size 0.310 Acres

Property Sub-Type Apartment

Property Description

The subject property is a two story walkup apartment complex consisting of two 10 unit buildings on one parcel. The buildings were constructed in 1960 and have an equal mix of 1 and 2 bedroom units. There is a laundry room onsite and parking for 20 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 7324 Crenshaw Blvd, is a 10 unit apartment building and is being offered for sale by the same ownership as a portfolio.

The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot and is 30 minutes from Downtown LA. The area is densely populated which results in a strong rental market.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 20

Pool None

Community Features Urban

Total Parking Spaces 20

Private Pool No

Building

Lot Description 36-40 Units/Acre, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4012015023

Energy Description 1800.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Stephen Lampe Re/Max Commercial & Investment [email protected], DRE #01164364
NEARBY SCHOOL & BUSINESS
Donnie Bowen

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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3321 W 74th