$5,995,000
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1023 S Osage Ave Inglewood, CA 90301
29 Beds
25 Baths
16,011 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 16,011 sqft
Price per Sqft $366
MLS Listing ID 20-660588
Bedrooms 29
Year Built 1964
Lot Size 0.577 Acres
Property Sub-Type Multi-Family
Property Description
The Osage Apartments come to the market for the first time in almost 30 years. Located in a quiet South Inglewood location this property is in great condition, well cared for and managed over the years. The building has an excellent unit mix and large lot with plenty of parking. The asking price includes the adjacent 4-unit building at 1025 S. Osage which is an approximately 4,208 sqft building on a separate 5,856 sqft lot. The financials represented include both buildings. The rents are almost 40% below market allowing a new owner to capture lots of upside in the years to come. There are 2 laundry room each with 2 washers and 2 dryers that are owned by the building, no lease in place. The singles are master metered for electricity and gas. SELLER PREFERS OFFERS WITH SELLER FINANCING AT 50% LTV.
Location
State CA
County Los Angeles
Area South Inglewood
Zoning INRM*
Rooms
Other Rooms None
Interior
Heating Wall Gas
Cooling None
Flooring Carpet, Laminate, Linoleum, Ceramic Tile
Equipment Ceiling Fan
Laundry Room
Exterior
Parking Features Assigned, Carport Attached
Garage Spaces 35.0
Waterfront Description None
View Y/N No
View None
Roof Type Asphalt
Building
Story 2
Sewer In Street
Others
Special Listing Condition Standard
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Bought with Keller Williams Beach Cities