702 WALNUT ST Inglewood, CA 90301

Attention Developers/Investors in the Inglewood region! Priced for a quick sale! 1.5 miles from the Sofi Stadium. Two buildings on an R3 lot! Front bldg: Divided into 4 units . (All are studios. One has kitchen.) Rear building: Five units. Apt 2: Large one bedroom with kitchen, unoccupied, current market rent around $2000. Apt 3: studio with full kitchen, unoccupied, potential rent: $1000+. Apt 4: studio with full kitchen, Apt E: Small studio, no kitchen, shares bathroom with Apt F. Apt F: Small studio no kitchen, shares bathroom with Apt E. Current rent Total living area: 3008 sq/ft Large land: 9616 sq/ft ...Opportunity galore! Cap rate 5.53% when fully rented. Cap rate with two vacant units: 2.54% Sold as is in its current condition. Sold for land value.