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915 Glenway Drive

Inglewood, CA 90302
  • $1,375,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: SR22172170
UPDATED: 38 min ago
$1,375,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing Agent(s): Michael Tootikian of Keller Williams Realty-Studio City (818-432-1500)


Description

First time on the market in over 40 years! 915 Glenway Drive is a true value-add investment opportunity located in one of the most sought-after locations in all of Los Angeles, in the city of Inglewood. This 2 Story garden-style apartment building has an excellent unit mix consisting of Four (4) 2 bedroom1 bath, and One (1) one bedroom 1 bath units. Corner lot with an approximate building square feet of 3,977 living area and a lot size of approximately 6,900 square feet of land. Built in 1956, the subject property is fully occupied with approximately 48% upside in rents. Separately metered for gas and electric, garage parking and washer/dryer hookups in each unit, and individual hot water heaters. The subject property is due for rent increases and the City of Inglewood allows for landlords to increase rents on an annual basis, thereby immediately adding value to the property. Call Listing Agent for details.915 Glenway Drive is located on the corner Glenway Drive and Hardin Dr right off La Cienega Blvd, North of Florence Avenue and South of Centinela Avenue. Great Location near Ladera Heights and in close proximity to shopping, schools and transportation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
www.canerealestate.com/homes/131691427
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915 Glenway Drive Inglewood, CA 90302

  • Price: $1,375,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 38 min ago
  • ID#: SR22172170
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1956
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
First time on the market in over 40 years! 915 Glenway Drive is a true value-add investment opportunity located in one of the most sought-after locations in all of Los Angeles, in the city of Inglewood. This 2 Story garden-style apartment building has an excellent unit mix consisting of Four (4) 2 bedroom1 bath, and One (1) one bedroom 1 bath units. Corner lot with an approximate building square feet of 3,977 living area and a lot size of approximately 6,900 square feet of land. Built in 1956, the subject property is fully occupied with approximately 48% upside in rents. Separately metered for gas and electric, garage parking and washer/dryer hookups in each unit, and individual hot water heaters. The subject property is due for rent increases and the City of Inglewood allows for landlords to increase rents on an annual basis, thereby immediately adding value to the property. Call Listing Agent for details.915 Glenway Drive is located on the corner Glenway Drive and Hardin Dr right off La Cienega Blvd, North of Florence Avenue and South of Centinela Avenue. Great Location near Ladera Heights and in close proximity to shopping, schools and transportation.
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 5 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 79800 Gross Scheduled Income 79800 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 46717 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 30805 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T22:32:00.4. 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 Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.
 
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Cane Real Estate | Keller Williams La Jolla
7817 Ivanhoe Avenue #101
La Jolla CA, 92037
Listing Agent(s): Michael Tootikian of Keller Williams Realty-Studio City (818-432-1500)