821-827 Glenway Drive is an outstanding investment opportunity in Inglewood, CA. Located in this incredibly red-hot rental market, this 24-unit property features projected rental upside of over 55% +/-, and offers a terrific opportunity for today's discerning and keen apartment investor. Sitting on a large 24,967 square foot lot on one of the best streets in Inglewood, the property is composed of two buildings, totaling a combined 17,448 rentable square feet. The building has a attractive unit mix of Four - 3 bed/2 Bath units, One - 3 Bed/1 Bath unit, Seven - 2 Bed /1 Bath units, and Twelve - 1 Bed/1 Bath units. The property also has ample onsite parking with 24 parking spots, comprised of a mix of both garage and covered parking spaces. There is also a sparkling community pool and an outdoor patio area with a grill 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 individually metered for both gas and electricity. The property is located just a few short minutes away from the $5 Billion NFL Stadium/Hollywood Park development, which will feature a modern, urban village with over 3,000 housing units, 620,000 square feet of shops and entertainment, and an artificial lake with plenty of greenspace and much, much more.
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