821-827 Glenway Drive is an outstanding investment opportunity in Inglewood, CA. Located in this incredibly red-hot rental market, this 24-unit property features projected rental upside of over 55% +/-, and offers a terrific opportunity for today's discerning and keen apartment investor. Sitting on a large 24,967 square foot lot on one of the best streets in Inglewood, the property is composed of two buildings, totaling a combined 17,448 rentable square feet. The building has a attractive unit mix of Four - 3 bed/2 Bath units, One - 3 Bed/1 Bath unit, Seven - 2 Bed /1 Bath units, and Twelve - 1 Bed/1 Bath units. The property also has ample onsite parking with 24 parking spots, comprised of a mix of both garage and covered parking spaces. There is also a sparkling community pool and an outdoor patio area with a grill for tenants to relax, cool off and enjoy the sun. There is onsite laundry for the tenant's convenience as well (leased) and the grounds are well-maintained with pleasant landscaping throughout. The property is individually metered for both gas and electricity. The property is located just a few short minutes away from the $5 Billion NFL Stadium/Hollywood Park development, which will feature a modern, urban village with over 3,000 housing units, 620,000 square feet of shops and entertainment, and an artificial lake with plenty of greenspace and much, much more.
Off market
$5,241,600
821 Glenway Dr, Inglewood, CA 90302
9beds
5baths
17,448sqft
MultiFamily
Built in 1960
-- sqft lot
$5,241,600 Zestimate®
$300/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ common walls
Interior area
- Total interior livable area: 17,448 sqft
Property
Parking
- Total spaces: 24
Features
- Levels: Two
- Pool features: In Ground, Community
Lot
- Size: 0.57 Acres
- Features: Landscaped, Paved, Near Public Transit, Lot 10000-19999 Sqft, Value In Land, Rectangular Lot, Gentle Sloping
Details
- Parcel number: 4017018039
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Inglewood
Other
Other facts
- CommunityFeatures: Curbs, Sidewalks, Street Lights
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- CommonWalls: 2+ common walls
- Levels: Two
- PreviousStandardStatus: Active
- MLSAreaMajor: 699 - Not Defined
- LotFeatures: Landscaped, Paved, Near Public Transit, Lot 10000-19999 Sqft, Value In Land, Rectangular Lot, Gentle Sloping
- PoolFeatures: In Ground, Community
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- Sewer: Public Sewer
- TaxTractNumber: 6013
- StandardStatus: Pending
- LaundryFeatures: Common Area
- ParcelNumber: 4017018039
- SeniorCommunityYN: 0
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$5,241,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,241,600