Inglewood, CA 90301,1023 S Osage Ave
Inglewood, CA 90301,1023 S Osage Ave
Inglewood, CA 90301,1023 S Osage Ave
16
$5,865,000
$5,995,000
2.2%
Est.Price: ?

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29 BD
25 BA
16,011 SqFt

1023 S Osage Ave Inglewood, CA 90301

Est. payment /mo
SOLD DATE : 02/25/2021

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Key Details

Sold Price $5,865,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 16,011 sqft

Price per Sqft $366

MLS Listing ID 20-660588

Sold Date 02/25/21

Bedrooms 29

Construction Status Repair Cosmetic

Year Built 1964

Lot Size 0.577 Acres

Acres 0.5772

Property Description

The Osage Apartments come to the market for the first time in almost 30 years. Located in a quiet South Inglewood location this property is in great condition, well cared for and managed over the years. The building has an excellent unit mix and large lot with plenty of parking. The asking price includes the adjacent 4-unit building at 1025 S. Osage which is an approximately 4,208 sqft building on a separate 5,856 sqft lot. The financials represented include both buildings. The rents are almost 40% below market allowing a new owner to capture lots of upside in the years to come. There are 2 laundry room each with 2 washers and 2 dryers that are owned by the building, no lease in place. The singles are master metered for electricity and gas. SELLER PREFERS OFFERS WITH SELLER FINANCING AT 50% LTV.

Location

State CA

County Los Angeles

Area South Inglewood

Zoning INRM*

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Flooring Carpet, Laminate, Linoleum, Ceramic Tile

Equipment Ceiling Fan

Laundry Room

Exterior

Parking Features Assigned, Carport Attached

Garage Spaces 35.0

Waterfront Description None

View None

Roof Type Asphalt

Building

Story 2

Sewer In Street

Level or Stories Two

Construction Status Repair Cosmetic

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Goldcoast Commercial Group
Bought with Keller Williams Beach Cities

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Herman Singh

Broker

+1(310) 625-6175

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