$855,000
$850,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
2,050 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $855,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $417
MLS Listing ID SB24163635
Sold Date 09/06/24
HOA Y/N No
Year Built 1934
Lot Size 7,291 Sqft
Acres 0.1674
Property Description
10833 Mansel Ave is a well-positioned 4-Unit building located at the end of a quiet cul–de-sac neighborhood in Lennox (Inglewood) a short distance from the Inglewood Sports/Concert Venues. Built in 1934 the 2,050 SF building features (4) 1-bed/1-bath units. The Disconnected 3-Car Garage Provides ADU Potential. The building offers strong upside with a market cap of 6.73% and a current cap of 4.22%.
Given the ideal location in a high-growth city and consistent income this building provides, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR2*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4037009033
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner