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Listed by Abu Majumder • Abu Majumder, Broker
$3,495,000
Est. payment /mo
10,203 Sqft Lot
Active
530 W Olive ST Inglewood, CA 90301
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25078572
Originating Board California Regional MLS
Year Built 1964
Lot Size 10,203 Sqft
Property Description
A beautifully remodeled apartment building located on a quiet street in Inglewood is now for sale. The property consists of 12 mixed units, each averaging approximately 1,000 square feet. Situated just south of Manchester Boulevard in a primarily residential neighborhood, these high-quality units are designed to appeal to the area's most discerning renters. In addition to this property, three more buildings are also available for sale. These properties can be sold individually or as part of a portfolio: 16 units at 404 E. Hyde Park, Inglewood 12 units at 511 Venice Way, Inglewood 6 units at 717 N. Market Street, Inglewood Out of the 46 total units across all properties, 41 have been fully remodeled to condo-quality standards. This portfolio offers a turnkey, low-maintenance investment opportunity, with a strong track record of minimal vacancy, low tenant turnover, and 100% rent collection. Ample parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two parking spaces each.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Heating Radiant
Laundry Laundry Area
Exterior
Garage Spaces 18.0
Pool None
Building
Water District - Public
Others
Tax ID 4018015009
Special Listing Condition Not Applicable
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