Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
Inglewood, CA 90301,326 W Queen Street
See all 39 photos

$5,100,000

$5,500,000

7.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

6 Baths

0.4 Acres Lot


SOLD DATE : 04/22/2022

Key Details

Sold Price $5,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22034674

Sold Date 04/22/22

Bedrooms 6

HOA Y/N No

Lot Size 0.402 Acres

Property Description

Presenting 326 Queen St, Inglewood! This 16-Unit property has a great unit mix and is in a prime northwest Inglewood location! This property is being offered at a 4.06% CAP, producing $378,132 in gross income. The unit mix is comprised of (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath and (4) 3- bedroom 2-bath units. Tenants enjoy gated and secure entry with gated underground parking, private patios, a beautiful swimming pool and onsite laundry facilities. This offering includes 23 onsite parking and has recently undergone renovations including but not limited to exterior paint, landscaping, and interior renovations to roughly 30% of the units which includes new floors, new kitchens, new bathrooms, paint, electrical and plumbing upgrades as well as new windows! Given the propertys ideal location, strong unit mix, and upside in rent potential, 326 Queen St is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.
Presenting 326 Queen St, Inglewood! This 16-Unit property has a great unit mix and is in a prime northwest Inglewood location! This property is being offered at a 4.06% CAP, producing $378,132 in gross income. The unit mix is comprised of (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath and (4) 3- bedroom 2-bath units. Tenants enjoy gated and secure entry with gated underground parking, private patios, a beautiful swimming pool and onsite laundry facilities. This offering includes 23 onsite parking and has recently undergone renovations including but not limited to exterior paint, landscaping, and interior renovations to roughly 30% of the units which includes new floors, new kitchens, new bathrooms, paint, electrical and plumbing upgrades as well as new windows! Given the propertys ideal location, strong unit mix, and upside in rent potential, 326 Queen St is an excellent investment opportunity for any investor seeking growth, stability, and a hedge against inflation.

Location

State CA

County Los Angeles

Area Inglewood (90301)

Zoning Public Rec

Exterior

Pool Below Ground, Private

Building

Lot Description Sidewalks

Others

Acceptable Financing Cash

Space Rent $1,502

Listing Terms Cash

Financing Cash

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Austin Zahn • Lyon Stahl Investment Real Estate, Inc.
Bought with Austin Zahn • Lyon Stahl Investment Real Estate, Inc.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 331-5843

phannigan8@gmail.com

1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.