9910 S Village Dr

Inglewood, CA 90305
  • $5,000,000

    Price
  • 2

    Bed
  • 26

    Bath
  • 9,015

    SqFt
  • 0.31

    Acre

About the Listing X7515101 - C146862

Locations don't get much better than this! We're proud to present for sale, CenturyVillage Apartments, located in the heart of one of L.A. County's fastest growingcommunities of Inglewood home to SoFi Stadium, Kia Forum, and Intuit Dome.This pristine, fully renovated 26-unit multifamily property at 9910 S. Village Drive profits from a very healthy income, strong rent collections, and rental upside potential. The property is professionally managed with great attention to detail and pride of ownership. The desirable unit mix, consisting primarily of studios, provides a strong hedge against LA's persistent affordability challenges and positions the property to benefit from sustained demand for affordable housing. At an asking price of $192,308 per unit, Century Village Apartments is one of the lowest price-per-unit multifamily properties for sale in the city of Inglewood. Furthermore, at the current CAP rate of over 6% and a pro forma CAP rate of 7.48%, this is an exceptional investment opportunity to own a property in turnkey condition in one of the most desirable locations in Inglewood.While an investor can financially benefit from the property's cash flow and appreciation, tenants benefit from the quality of living and vast amenities that this property offers. Amenities include: Central Air Conditioning and Heating, Engineered Flooring, New Brushed Nickel Fixtures, New Modern Cabinetry, Quartz Countertops, Stainless Steel Stove and Refrigerator, Gated Access, Covered Parking, and Laundry Facilities. The property's accessibility to almost every local convenience imaginable is across the street or within blocks away. These conveniences include major shopping centers, big-box retailers, restaurants, grocery markets, fitness studios, home improvement stores, banks, cinemas, schools, churches, and a park. Again, locations don't get much better than this, and properties in such immaculate condition for $192,308 per unit rarely become available.

Listing Highlights for 9910 S Village Dr

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 26106463
Year Built 1958
Total Square Footage 9,015
Lot/Acreage 0.31
County Los Angeles

Interior Details

  • Bedrooms: 2
  • Bathrooms: 26 Full
  • Appliances:
  • Air Cond: Wall Unit(s),Ceiling Fan
  • Heating: Wall
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 20
  • Lot Dimensions: 91x150
  • Zoning: INC2VV
  • Roof:
  • Others: Updated/Remodeled
  • Sewer:
  • Parking Features: Covered Parking,Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

9910 S Village Dr Inglewood, CA 90305

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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