$5,100,000
$5,500,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
326 W Queen ST Inglewood, CA 90301
0.4 Acres Lot
Key Details
Sold Price $5,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22034674
Sold Date 04/22/22
HOA Y/N No
Year Built 1967
Lot Size 0.402 Acres
Property Description
Presenting 326 Queen St, Inglewood! This 16-Unit property has a great unit mix and is in a prime
northwest Inglewood location! This property is being offered at a 4.06% CAP, producing $378,132 in
gross income. The unit mix is comprised of (4) 1-bedroom 1-bath, (8) 2-bedroom 2-bath and (4) 3-
bedroom 2-bath units. Tenants enjoy gated and secure entry with gated underground parking, private
patios, a beautiful swimming pool and onsite laundry facilities. This offering includes 23 onsite parking
and has recently undergone renovations including but not limited to exterior paint, landscaping, and
interior renovations to roughly 30% of the units which includes new floors, new kitchens, new
bathrooms, paint, electrical and plumbing upgrades as well as new windows! Given the property’s ideal
location, strong unit mix, and upside in rent potential, 326 Queen St is an excellent investment
opportunity for any investor seeking growth, stability, and a hedge against inflation.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR4*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 23
Pool Fenced, In Ground, Private
Community Features Sidewalks
Total Parking Spaces 23
Private Pool Yes
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4020008027
Energy Description 832.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with Austin Zahn • Lyon Stahl Investment Real Estate, Inc.