SoldDec 13, 2019

Listed by Vinnie Park

Bought with Paul Fisher

Source: Combined LA Westside Multiple Listing Service, Inc #19472880

6720 West Blvd, Los Angeles, CA, 90043

$1,895,000

Other

30+ days on the market

Sold: Dec 13, 2019

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About this property

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.

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