Sold
713 EDGEWOOD Street
Inglewood CA, 90302
$2,050,000
$329.58 per sqft
Sold
6,220 sqft
Residential
Built in 1972
Listed by Daniel Withers with Matthews Real Estate Investment Services 866-889-0550
Matthews is pleased to present 713 Edgewood Street, an 8-unit apartment building located in prime Inglewood, one of the hottest up-and-coming markets in Los Angeles. The property was built in 1972 and is comprised of (6) one bed, one bath units and (2) two bed, one bath units. The property sits on a huge lot, nearly 9,000 square feet, and is zoned R3. Both of the two-bedroom units have spacious balconies. Additionally, Unit #1 has a balcony and Unit #5 has a large private patio. Significant capital improvements have gone into the building, including new mainline sewer pipes, updated electrical components, and extensive interior renovations in 4 out of the 8 units. These tasteful renovations included new flooring, new kitchen/bathroom cabinets & fixtures, new stainless-steel appliances, bathroom tiling, recessed lighting, as well as new blinds and fans. The property also features 8 parking spaces and a community laundry area for additional income. Additionally, all tenants are up-to-date on rent at this time. Located just 2.5 miles from massive developments like the new SoFi Stadium and Intuit Dome NBA Arena, 713 Edgewood offers investors a rare opportunity to acquire a value-add multifamily asset in one of the most opportunistic pockets of LA.
22156261
MLSⓇ ID
May 12, 2022
Listed
March 23, 2024
Updated
Map
713 EDGEWOOD Street
Inglewood CA, 90302
Interior Features
Total Stories
0
Appliances
Dishwasher, Refrigerator
Laundry Description
Common Area
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.2 Acres
Architectual Style
Mid-Century Modern
Other Property Details
Area Name
101 - North Inglewood
Days on Market
36
Garage
No
Parking
Covered
Parking Total
8
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
INR3*
Buyer Agency Compensation
2.5%
Listing Contact: 866-889-0550
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:39 AM UTC