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3205 Bartdon Avenue

Inglewood, CA 90303
  • $1,800,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • ID#: SB24098371
Under Contract
UPDATED: 121 min ago
$1,800,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Taylor Avakian of TAYVAY Corporation(916-996-4421)


Description

Part of an 8 Building Portfolio! Can be sold individuallyor as a portfolio. 3205 Bartdon Ave is a fully renovatedand turnkey 6 unit apartment in Inglewood. Priced ata 11.07 GRM and 6.25% Current Cap rate, this asset isideal for any investor looking for strong cash flow ina growing submarket of Inglewood. Highlighted by astrong unit mix of (4) 2-Bed/1-Bath, and (2) 3-bed/1-Bath Units. At only $300k/Door and $402/SF, thisasset provides strong cash flow and immense upside.3205 Bartdon Ave is minutes from Inglewoods newSoFi Stadium, Intuit Dome and Hollywood Park Casino.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-19T00:28:42.477. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/150568667
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3205 Bartdon Avenue Inglewood, CA 90303

  • Price: $1,800,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 121 min ago
  • ID#: SB24098371
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1956
Built
Neighborhood:
102 - South Inglewood
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
Part of an 8 Building Portfolio! Can be sold individuallyor as a portfolio. 3205 Bartdon Ave is a fully renovatedand turnkey 6 unit apartment in Inglewood. Priced ata 11.07 GRM and 6.25% Current Cap rate, this asset isideal for any investor looking for strong cash flow ina growing submarket of Inglewood. Highlighted by astrong unit mix of (4) 2-Bed/1-Bath, and (2) 3-bed/1-Bath Units. At only $300k/Door and $402/SF, thisasset provides strong cash flow and immense upside.3205 Bartdon Ave is minutes from Inglewoods newSoFi Stadium, Intuit Dome and Hollywood Park Casino.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Open Parking Spaces 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 6.25 Common Interest Community Apartment Community Features BikingDog ParkHikingStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 162576 Gross Scheduled Income 162576 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional1031 Exchange Net Operating Income 112553 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 45146 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning INM1L*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-19T00:28:42.477. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Taylor Avakian of TAYVAY Corporation(916-996-4421)