10619 S Felton Ave Avenue, Inglewood, CA 90304
- $1,799,500
- List Price
- $1,799,500
- Price Change
- ▼ $196,000 1784865924
- Status
- ACTIVE
- MLS#
- P1-27977
- Year Built
- 2024
- Lot Size
- 5,450
- Acres
- 0.13
- Lot Location
- 0-1 Unit/Acre, Back Yard, Front Yard, Near Public Transit, Sprinklers None, Street Level
- Days on Market
- 17
- Property Type
- Multifamily
- Style
- Modern
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Other
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
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Additional Information
- Taxes
- $15,288
- Pool Description
- None
- Heat
- Central, Solar
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Drywall, Concrete, Stucco
- Roof
- Tar/Gravel
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Recessed Lighting, Bedroom on Main Level, Jack and Jill Bath
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $150,000
- Operating Expense
- 35337
Listing courtesy of Listing Agent: George Wheeler (geowheeler5@outlook.com) from Listing Office: Prism Realty US.
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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.