Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
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Key Details
Sold Price $855,000
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $417
MLS Listing ID CRSB24163635
Sold Date 09/06/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1934
Lot Size 7,292 Sqft
Property Description
10833 Mansel Ave is a well-positioned 4-Unit building located at the end of a quiet cul–de-sac neighborhood in Lennox (Inglewood) a short distance from the Inglewood Sports/Concert Venues. Built in 1934 the 2,050 SF building features (4) 1-bed/1-bath units. The Disconnected 3-Car Garage Provides ADU Potential. The building offers strong upside with a market cap of 6.73% and a current cap of 4.22%. Given the ideal location in a high-growth city and consistent income this building provides, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
Location
State CA
County Los Angeles
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Laundry Common Area
Building
Water Public
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