The Briarcliff Apartments are located in the incredibly red-hot Inglewood rental market. This 22-unit property features projected rental upside of over 42% +/-, and offers a terrific opportunity for today's discerning and keen apartment investor. Sitting on a large 22,415 square foot lot on one of the best streets in Inglewood, the property has 17,448 rentable square feet. The building has an incredibly attractive unit mix of Five - 3 bed/2 Bath units, Eleven - 2 Bed/2 Bath unit, and Six - 1 Bed /1 Bath units.The property also has ample onsite parking with 33 covered parking spots. There is also a sparkling community pool and an outdoor patio area 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 an all-electric building. The units are individually metered for electricity and each unit has its own electric water heater. Additionally, each large kitchen has a dishwasher and several units have private balconies. The property is located just a few short minutes away from the $5 Billion NFL SoFi Stadium/Hollywood Park development, future Clippers Arena, and the brand-new downtown Inglewood metro station! Investment opportunities like this one are rare!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
