Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
39
$5,100,000
$5,500,000
7.3%
Est.Price: ?

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6 BD
6 BA
0.4 Acres Lot

326 W Queen Street Inglewood, CA 90301

Est. payment /mo
SOLD DATE : 04/22/2022

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Key Details

Sold Price $5,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22034674

Bedrooms 6

Lot Size 0.402 Acres

Property Description

Presenting 326 Queen St, Inglewood! This 16-Unit property has a great unit mix and is in a prime northwest Inglewood location! This property is being offered at a 4.06% CAP, producing $378,132 in gross income. The unit mix is comprised of (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath and (4) 3- bedroom 2-bath units. Tenants enjoy gated and secure entry with gated underground parking, private patios, a beautiful swimming pool and onsite laundry facilities. This offering includes 23 onsite parking and has recently undergone renovations including but not limited to exterior paint, landscaping, and interior renovations to roughly 30% of the units which includes new floors, new kitchens, new bathrooms, paint, electrical and plumbing upgrades as well as new windows! Given the propertys ideal location, strong unit mix, and upside in rent potential, 326 Queen St is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.
Presenting 326 Queen St, Inglewood! This 16-Unit property has a great unit mix and is in a prime northwest Inglewood location! This property is being offered at a 4.06% CAP, producing $378,132 in gross income. The unit mix is comprised of (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath and (4) 3- bedroom 2-bath units. Tenants enjoy gated and secure entry with gated underground parking, private patios, a beautiful swimming pool and onsite laundry facilities. This offering includes 23 onsite parking and has recently undergone renovations including but not limited to exterior paint, landscaping, and interior renovations to roughly 30% of the units which includes new floors, new kitchens, new bathrooms, paint, electrical and plumbing upgrades as well as new windows! Given the propertys ideal location, strong unit mix, and upside in rent potential, 326 Queen St is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

Location

State CA

County Los Angeles

Area Inglewood (90301)

Zoning Public Rec

Exterior

Pool Below Ground, Private

Building

Lot Description Sidewalks

Others

Acceptable Financing Cash

Space Rent $1,502

Listing Terms Cash

Read Less


San Diego Regional MLS (SDMLS)
Listed by Austin Zahn • Lyon Stahl Investment Real Estate, Inc.
Bought with Austin Zahn • Lyon Stahl Investment Real Estate, Inc.

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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