Such a unique, rare opportunity to find 9 units, spread out between three separate/consecutive parcels in Lawndale, CA. You can obtain residential financing for each individual parcel and lock a rate for 30 years. This is a huge advantage when forecasting the potential interest rates 10 years down the line. The property consists of 14912 Inglewood Ave - Single Family Home, 14914 Inglewood Ave - Four-Plex and 14918 Inglewood Ave - Four-Plex. All units are Two-Bedroom/One-Bath, and each unit has a two-car garage and a backyard area. All single-story units, tenants love this mid-century style build with plenty of room to navigate and no other tenants above or below them. Because there is at least 54% Upside in rents, this opportunity is a prime value-add play. With current rents averaging $1,296 and market rents in the area conservatively being $2,000, an investor can capture that upside immediately in a nonrent-controlled asset.
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