125 E Buckthorn St - Apartments FOR SALE


Inglewood, CA 90301
$2,399,999 USD
951-501-6567
125 E Buckthorn St, Inglewood, CA for Sale
$2,399,999 USD
Apartments - FOR SALE
1/21
null | 5.76% Cap Rate

125 E Buckthorn St
Inglewood, CA 90301


HIGHLIGHTS

  • All Three Bedroom Two Bathroom Floor Plans
  • Each Apartment is approximately 1400 square feet with one larger than the others
  • 5 of the 6 are Townhome Style Apartment Homes
  • Has 4 Garage Spaces and 6 Carport Spaces
  • Washer Dryer Connections in each home
  • RUBS program in place for 4 of the 6 units, Below Market Rents with Extra Large Apartments.

OVERVIEW

Major Price Reduction. The Buckthorn Residences are excellently located less than 2 miles from: The Kia Forum, SoFi Stadium, Hollywood Park and the Intuit Dome all to the east. 3 miles from LAX to the west. Boutique 6 Unit Apartment Community with ALL THREE BEDROOM, TWO BATH, LARGE TOWNHOUSE style homes IN 5 OF THE 6 APT. HOMES. Retiring Owner ready to sell and pass on this excellent investment to the next generation. Each Unit is approximately 1400 + Square Feet, with one being significantly larger Owner's Type Unit 4 Car Garage, 6 Carports and Street Parking allowed Washer Dryer Connections in Each Home Under Market Rents with room for increases RUBS (Ratio Utility Billing System) in place on 4 of the 6 units 11.86 GRM based on current rents 10.94 GRM based on RUBS income added to rental income Potential Seller Financing with the right offer

FOR SALE DETAILS

PRICE

$2,399,999 USD

PRICE/SF

$274 USD /SF

# OF UNITS

6

PRICE/UNIT

$400,000

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Buckthorn Residences

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,631 SF

ZONING

INP1*

APN/PARCEL ID

4021-032-036

ASK ABOUT THIS PROPERTY

Robyn WonnellSoCal Apartment Brokers, Inc and KW CommercialMore Info
951-501-6567

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Robyn WonnellSoCal Apartment Brokers, Inc and KW CommercialMore Info
951-501-6567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.