7927 S Van Ness Avenue Inglewood, CA 90305
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Pleased to present 7927-8001 S Van Ness Ave., a 12,481 sq.ft lot located in the rapidly appreciating city of Inglewood. The property is equipped with (2) 1-bed/1-bath units and Fish Market as the third unit. This property is in prime location, only minutes from the city’s new Los Angeles Stadium and Entertainment District, the Hollywood Park Casino, and the Arts District of Inglewood. A great income asset already, this value add property has 43% upside in rents, and all leases are month to month. Market 7.90% CAP, 9.82 GRM!! Zoning for the property is INC2YY. The city of Inglewood has also been working with developers to make land acquisitions more suitable and possible, and easing a majority of their restrictions. 7927-8001 Van Ness is a fantastic play for any multi family owner or developer looking to obtain property in the rapidly growing city of Inglewood. No financing available. This is a cash only purchase. Banks will not lend. Soil needs remediation due to dry cleaner contamination from the 1960's.
|an hour ago||Listing updated with changes from the MLS|
|11 months ago||Listing first seen online|