712 S Fir AVE Inglewood, CA 90301

This eight-unit apartment complex is located less than one mile from the new Hollywood Park neighborhood development and future NFL Stadium! This 8,025 sq. ft. structure was built in 1960 and is situated on a large 9,315 sq. ft. lot. The property has an amazing unit mix including a 3-bed/2.5-bath owner's unit that is nearly 1,500 sq. ft., three very large 2-bed/1.5-bath units and four spacious 1-bed/1-bath units. The units are well laid out, every unit has a private patio or balcony and many of the units have been remodeled with vinyl plank flooring and LED lighting. Additionally, the building has concrete subfloors, partial copper plumbing and has been completely renovated by the FAA Sound Insulation Program to include the following major upgrades: new electrical system, individual HVAC units, new double pane windows and sound proof doors. The property has gated parking with phone entry allowing tenants access to nine total parking spaces (7 carport spaces, 1 closed garage, & 1 open space). Onsite amenities include a laundry room with a washer & dryer and a separate storage room. The annualized gross scheduled income is more than $125,000/year and offers investors more than 30% in rental upside. At only $256,250/unit and $255.45/sq. ft. this investment o