125 E Buckthorn St - Apartments FOR SALE


Inglewood, CA 90301
$2,600,000 USD
951-501-6567
125 E Buckthorn St, Inglewood, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/21
null | 5.32% Cap Rate

125 E Buckthorn St
Inglewood, CA 90301


HIGHLIGHTS

  • All Three Bedroom Two Bathroom Floor Plans
  • Each Apartment is approximately 1400 square feet
  • 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

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 12.2 GRM based on current rents 11.8 GRM based on RUBS income added to rental income

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$297 USD /SF

# OF UNITS

6

PRICE/UNIT

$433,333

CAP RATE

5.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Buckthorn Residences

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

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.