10235 England is a distressed sale property in foreclosure. The subject is a 5-unit apartment building situated on approximately 6,628 sq ft lot per assessor. The units offer a significant value-add opportunity with proforma GRM of 10.72 and proforma cap of 6.7. The property presents an opportunity for an investor to renovate and reposition the apartments with new rents as tenants move. A similar property at 10239 England Ave was remodeled and sold as a turnkey building for 1.925m. The subject property is located in a great pocket of Inglewood blocks from SoFi Stadium. Buyers to independently investigate the accuracy of all the information pertaining to the property and conduct their own due diligence through appropriate professionals.
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