Inglewood, CA 90303,11542 Simms AVE
Inglewood, CA 90303,11542 Simms AVE
Inglewood, CA 90303,11542 Simms AVE
Inglewood, CA 90303,11542 Simms AVE
Inglewood, CA 90303,11542 Simms AVE
Inglewood, CA 90303,11542 Simms AVE
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$920,000

$999,000

7.9%
Est.Price: ?

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Est. payment /mo

7,309 Sqft Lot


SOLD DATE : 03/27/2024

Key Details

Sold Price $920,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW23206882

Sold Date 03/27/24

HOA Y/N No

Year Built 1952

Lot Size 7,309 Sqft

Property Description

BUYER FAILED TO PERFORM! BACK ON THE MARKET!! This charming 4-unit residential building located at 11542 Simms Ave in Inglewood, CA offers an excellent investment opportunity. Situated in a calm and beautiful residential neighborhood, this property boasts a prime location near major freeways, making it convenient for tenants to commute and access the many attractions Inglewood has to offer. The property comprises two spacious 2-bedroom units and two cozy 1-bedroom units, all of which are in excellent condition, ensuring comfortable living for tenants and reducing the need for immediate renovations. With a lot size of 7,306 square feet, there is ample outdoor space for residents to enjoy. One of the standout features of this property is the clean alley access, making it easy for tenants to access their single-car garages. This convenience adds to the overall appeal of the property and enhances its market value. Investors and potential buyers will be pleased to know that this property is strategically located near prominent entertainment venues, including the famous Sofi Stadium, Youtube Theatre, and the Kia Forum. These attractions not only provide a myriad of entertainment options for residents but also contribute to the property's potential for rental income growth. Whether you're looking for a lucrative investment opportunity or a place to call home in a desirable Inglewood neighborhood, 11542 Simms Ave offers both. Don't miss out on the chance to acquire a property with great income potential and a promising future in this thriving community.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning INR3YY

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4055030004

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alberto Sanchez • Century 21 A Better Service • 323-326-0133
Bought with Micaela Solis • Berkshire Hathaway Home Srvs
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