Property Listing No Longer Available for Sale

625 E Queen St, Inglewood, CA

Multi-family for Sale - $1,650,000 - 4,849 Sq. Ft. on 0.16 acres


Property Info

CIMLS#1106173
Location
  625 E Queen St
  Inglewood CA 90301
UpdatedJanuary 24th, 2022
TypeMulti-family
Price$1,650,000
Building4,849 Sq. Ft.
Land0.16 acres

Property Description

625 E Queen Street, built in 1961 is a 6-unit building that consists of 4,849 SqFt and resides on a 6,744 SqFt lot. The units are comprised of (4) 1-bedroom + 1-bathroom units, (1) 2-bedroom + 1-bathroom unit, and (1) 3-Bedroom + 2-bathroom unit, which is an anomaly for Inglewood. There are 6 covered parking spaces in the back. Current rents are well below market providing significant upside potential for a new buyer. 625 E Queen Street is just 0.5 miles from the Forum and 1.1 miles from SOFI stadium. These venues bring employers to the area and are spawning economic growth. Inglewood continues to be a desirable place to live, invest, and operate a business. Market Street is a great example of thriving businesses in the area which makes Inglewood a vibrant city for its residents to live in.

Probate Sale. Subject to a Notice of Proposed Action and may be contingent on a Court Order. Please contact David Weinberger with any questions (David@TheSeymourGroup.net or 818.970.0915). The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all info, including permits & uses, bed/bath counts, SQFT, and accuracy of all info provided.


Financials



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