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625 E Queen St

Inglewood, CA 90301
  • $1,650,000
  • STATUS: Active Under Contract
  • ON SITE: 96 Days
  • ID#: 21-794080
Under Contract
UPDATED: 54 min ago
$1,650,000
  • 9
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,849
    SQFT
  • $340
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

CALL FOR OFFERS: MONDAY, 10/25 AT 4PM. E Queen Street, built in 1961 is a 6-unit building that consists of 4,849 Sq. Ft and resides on a 6,744 Sq. Ft. lot. The units are comprised of (4) 1-bedroom + 1-bathroom units, (1) 2-bedroom + 1-bathroom unit, and (1) 3-bedroom + 2-bathroom unit, which is an anomaly for the area. There are 6 covered parking spaces in the back. Current rents are well below market providing significant upside potential for a new buyer. 625 E Queen Street is just 0.5 miles from the Forum and 1.1 miles from SOFI stadium. These venues bring employers to the area and are spawning economic growth. Inglewood continues to be a desirable place to live, invest, and operate a business. Market Street is a great example of thriving businesses in the area which makes Inglewood a vibrant city for its residents to live in.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T16:42:35.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.sellbuyla.com/homes/122310129
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625 E Queen St Inglewood, CA 90301

  • Price: $1,650,000
  • Status: Active Under Contract
  • On Site: 96 Days
  • Updated: 54 min ago
  • ID#: 21-794080
9
Beds
0
Baths
0
½ Baths
0.16
Acres
4,849
SQFT
$340
$/SQFT
1961
Built
Neighborhood:
North Inglewood
County:
Los Angeles
Area:
North Inglewood
Property Description
CALL FOR OFFERS: MONDAY, 10/25 AT 4PM. E Queen Street, built in 1961 is a 6-unit building that consists of 4,849 Sq. Ft and resides on a 6,744 Sq. Ft. lot. The units are comprised of (4) 1-bedroom + 1-bathroom units, (1) 2-bedroom + 1-bathroom unit, and (1) 3-bedroom + 2-bathroom unit, which is an anomaly for the area. There are 6 covered parking spaces in the back. Current rents are well below market providing significant upside potential for a new buyer. 625 E Queen Street is just 0.5 miles from the Forum and 1.1 miles from SOFI stadium. These venues bring employers to the area and are spawning economic growth. Inglewood continues to be a desirable place to live, invest, and operate a business. Market Street is a great example of thriving businesses in the area which makes Inglewood a vibrant city for its residents to live in.
Exterior Features

Lot Description Walk Street Lot Size Area 6738 Other Structures None Parking Garage CarportCovered Parking Patio Features Porch - Front Total Parking 6 View Description Walk Street View YN Yes

Interior Features

Baths Total 7.00 Cooling Wall/Window Equipment Range/Oven Heating Other Laundry Community

Property Features

Assessed Total Value 140053 Gross Income 93319 Gross Operating Income 91453 Like Units1 4 Like Units2 1 Like Units3 1 Net Operating Income 59090.00 Number Of Buildings 1 Number Of Units 6 Sale Type Probate Listing Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 32363 Type Of Units Apartment Water Heaters YN Yes Year Built Source Assessor Zoning Inr3yy

Listing provided courtesy of David Weinberger DRE#01349349 of Keller Williams Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T16:42:35.027. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Realty
12130 Millennium Dr
Playa Vista CA, 90094