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    2700 W Manchester Boulevard

    Inglewood, CA 90305
    • $10,000,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: OC20167779
    UPDATED: 44 min ago
    $10,000,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,166
      SQFT
    • $760
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Listing includes both 2700-2710 W Manchester Blvd. Great investment opportunity. Ideal Inglewood location 1 mile from The Forum and Sofi Stadium. 100% leased at $56,000 gross monthly income(over 4% cap). Current zoning allows for one level of retail with up to three levels of office space. City of Inglewood may allow the adaptation of nearby districts allowance to build an additional two stories of residential(75 feet height restriction). This is one of few buildings in Inglewood that has a medical/dental practice permit. We urge all interested parties to do their own investigations in regards to all aforementioned improvement possibilities.*Property Is Sold As Is*

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-23T20:32:26.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.tophomefinders.com/homes/109096215
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    2700 W Manchester Boulevard Inglewood, CA 90305

    • Price: $10,000,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: OC20167779
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    13,166
    SQFT
    $760
    $/SQFT
    1958
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    Listing includes both 2700-2710 W Manchester Blvd. Great investment opportunity. Ideal Inglewood location 1 mile from The Forum and Sofi Stadium. 100% leased at $56,000 gross monthly income(over 4% cap). Current zoning allows for one level of retail with up to three levels of office space. City of Inglewood may allow the adaptation of nearby districts allowance to build an additional two stories of residential(75 feet height restriction). This is one of few buildings in Inglewood that has a medical/dental practice permit. We urge all interested parties to do their own investigations in regards to all aforementioned improvement possibilities.*Property Is Sold As Is*
    Exterior Features

    Lot Features 0-1 Unit/AcreCorner Lot Lot Size Dimensions 180X120 Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating CentralForced Air Heating YN Yes Laundry Features Inside

    Property Features

    Additional Parcels YN No Asset Class Land/UnimprovedOfficeRetail Building Area Units Square Feet Building Status Existing Cap Rate 4.20 Country Us Current Financing Conventional Gross Scheduled Income 672000.00 Land Use OfficeOtherRetail Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 423360.00 Operating Expense 248640.00 Property Sub Type Mixed Use Real Estate Tax Expense 115000.00 Special Listing Conditions Standard Tax Rate 1.15 Vacancy Allowance 20160 Vacancy Allowance Rate 3.00 Water Source Public Zoning Inc2

    Listing provided courtesy of Kamran Razmdjoo of Coldwell Banker Platinum Prop and Johnny Azodi of Coldwell Banker Platinum Prop


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-23T20:32:26.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
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    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591