10605 Buford Avenue, Inglewood, CA 90304
List Price: $1.18M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1957
Lot Size: 12,737 sq ft
Garage Spaces: 5
Private Pool: Yes
MLS Number: SB26126976
About This Property
This five-unit apartment property in Lennox (Unincorporated Los Angeles County) consists of approximately 4,195 square feet situated on a 12,737 square foot lot. Built in 1957, the property features an attractive unit mix of four 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit. Offered at a 6.32% Current CAP Rate and 10.80 Current GRM, the property presents investors with the opportunity to acquire a well-located multifamily asset. The property offers strong income growth potential, achieving a projected 8.11% Market CAP Rate and 8.60 Market GRM. The property includes five garages with remote controlled electric garage door openers and has private yard areas for the front and rear units. These features enhance tenant appeal and contribute to the long-term desirability of the asset. Conveniently located near LAX, major transportation corridors, retail amenities, and employment centers throughout the South Bay and greater Los Angeles area, this offering presents an attractive opportunity to acquire a multifamily investment with strong in-place income and future upside potential.
Listing provided by: Brett Lyon DRE #01717818 310-425-9838 Broker@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: SB26126976
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.