INGLEWOOD INVESTMENT OPPORTUNITY

Transcription

1 MIXED-USE INVESTMENT FOR SALE INGLEWOOD INVESTMENT OPPORTUNITY 6551 West Blvd, Inglewood, CA OFFERING SUMMARY LOCATION OVERVIEW 6551 West Blvd is located between Downtown Inglewood and View SALE PRICE: $700,000 Park-Windsor Hills, on the border of the City of Inglewood and the City of Los Angeles. The property is located less than 1/4 mile away from the new PRICE/SF: Fairview Heights Station on the Crenshaw line set to open in 2019, which $ provides quick and easy access to the best that LA has to offer. The site is just up the street from The Forum and the under-construction NFL Stadium LOT SIZE: 4,375 SF BUILDING SIZE: 2,479 SF YEAR BUILT: 1922 complex, and is only minutes away from the Baldwin Hills-Crenshaw Mall set to undergo a $700 Million renovation. PROPERTY HIGHLIGHTS 1 bedroom house with yard and attached garage in rear and a commercial building/loft in the front Excellent live-work or owner-user opportunity Flexible Inglewood MU4 zoning allows for a range of possible uses 100% occupied by month-to-month tenants ZONING: KW COMMERCIAL 4061 Laurel Canyon Blvd. Studio City, CA Inglewood MU4 Commercial building currently rented at $1,750/mo. and rear house currently rented at $1,450/mo. JUSTIN DAE Senior Associate justin@daecorealestate.com We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

2 6551 WEST BLVD 1 Property Information Site Details ADDRESS: 6551 West Blvd, Inglewood, CA APN: LAND AREA: 4,375 SF ZONING: Inglewood MU4 PERMITTED USES: Residential Units, Senior Housing, General Retail, Restaurants, Professional OfLces, Churches, Medical OfLces BUILDING SIZE: 2,479 SF YEAR BUILT: 1922 NUMBER OF STORIES: 1 COUNTY DISTRICT: 2nd District, Mark Ridley-Thomas 5

3 6551 WEST BLVD 1 Property Information Complete Highlights PROPERTY HIGHLIGHTS Mixed-use property offers diverse income for investor Excellent live-work or owner-user opportunity Property 100% occupied by month-to-month tenants providing $3,200 monthly gross income Property consists of a 1 bedroom house with yard and attached garage in the rear and a commercial building/loft in the front Recently remodeled home consists of new kitchen cabinets and counters, recessed lighting, a renovated bathroom, and a drought-resistant rear yard Flexible MU4 zoning offers a number of possible uses Located within the Fairview Heights Transit Oriented Development Plan (buyer to verify) LOCATION HIGHLIGHTS Corner lot with great street visibility Roughly 1/4 mile from the new Fairview Heights station on the Metro Crenshaw Line (set to open in 2019) Located within walking distance of Edward Vincent Jr. Park, a 55 acre park consisting of basketball and tennis courts, soccer Lelds, multiple playgrounds, an olympic sized pool, and an outdoor amphitheater. Less than 2 miles from The Forum, Hollywood Park Casino and the new NFL Stadium complex currently under construction. Minutes away from the Baldwin Hills-Crenshaw shopping mall, which is set do undergo a $700 Million renovation. Provides easy access to the 405, 110, and 105 Freeways 6

4 6551 WEST BLVD 1 Property Information Additional Photos 7

5 6551 WEST BLVD 1 Property Information Additional Photos 8

6 6551 WEST BLVD 1 Property Information Loft Floorplan 9

7 6551 WEST BLVD 2 Location Information Location Maps 11

8 6551 WEST BLVD 2 Location Information Crenshaw Line Map 12

9 6551 WEST BLVD 2 Location Information Aerial Map 13

10 6551 WEST BLVD 2 Location Information Plat Map 14