listing
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Residential Income
$1,650,000
10618 Felton Avenue
Inglewood, CA 90304
Listed by Joseph Nuzzolo DRE#01853418 joe@2buy.com Thompson Team Real Estate, Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$8,617/mo

Proposed 1 & 2 Story Building with 10 Units and 10 Parking Spaces • 3 bed 2 bath • Planning approval to build 10 Units estimated time ±45 days • Priced below Land Value • Seller will sell upon entitlements and city approval • Seller will also sell upon fully developed (call to discuss) • Excellent location with proximity to the 405, SoFi Stadium, Hollywood Park, and LAX • 7.56% Pro-Forma CAP Rate with a 9.92 Pro-Forma GRM • POTENTIAL PROFIT $4,242,265 PLEASE REVIEW THE SUPPLEMENTAL ATTACHED.

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Information courtesy of Thompson Team Real Estate, Inc. is subject to verification and is not guaranteed.
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