118 w kelso mls sheet

Derrick Ruiz Apartment Broker and Expert Celebrating 30 years in Real Estate 1 118 W KELSO ST INGLEWOOD CA 90301 12 # of Units 6,969/AS Sqft 12,420/AS Lot Size Active Income LP: $1,899,000 Area 1505 Inglewood North Subdivision Price Per Sqft $272.49 Vacancy 3% Total Bedrooms 15 Total Bathrooms 13.00 MLS# 15-964777 APN 4020-027-008 Type # of Units Bedrooms Baths Furnished Rent Actual Rent Projected Rent Unit 1 1 2 1.00 No $1250.00 $1250.00 $1250.00 Unit 2 1 1 1.00 No $875.00 $875.00 $875.00 Unit 3 1 1 1.00 No $850.00 $850.00 $850.00 Unit 4 1 1 1.00 No $875.00 $875.00 $875.00 Unit 5 1 1 1.00 No $1000.00 $1000.00 $1000.00 Unit 6 1 1 1.00 No $1050.00 $1050.00 $1050.00 Unit 7 1 1 1.00 No $980.00 $980.00 $980.00 Unit 8 1 1 1.00 No $975.00 $975.00 $975.00 Unit 9 1 2 1.00 No $1295.00 $1295.00 $1295.00 Unit 10 1 1 1.00 No $1025.00 $1025.00 $1025.00 Unit 11 1 1 1.00 No $950.00 $950.00 $950.00 Unit 12 1 1 1.00 No $1050.00 $1050.00 $1050.00 Unit 13 0.00 No Directions : Property is near the Inglewood Civic Center just west of La Brea Blvd just south of Manchester Remarks : Great north Inglewood 12 unit apartment building. Large square footage on a huge 12,420 square foot lot. 3 Separate buildings, 2 carports, 9 total parking spots, laundry room, storage room. Property has gone through the LAX soundproofing retrofit and has all new windows, doors, HVAC system, and new electrical system. Building recently painted. Property is owned by a licensed contractor who has rehabbed 8 of 12 units and has re-rented building with handpicked tenants. Property located near the Inglewood civic center. Take advantage of future growth as the new Hollywood Park development brings business to the city of Inglewood. No rent control, price of ownership property. Inside with accepted offer. Showing Remarks : Inside with accepted offer only please. INCOME DETAILS Scheduled or Actual Scheduled Rent Control % 0 GOI $147,000.00 Total Expense 51450 NOI $95,550.00 Gross Income $147,000.00 Cap Rate 5.02 GRM 12.91 Actual AGR Actual GAI STRUCTURE INFO Type of Units garden Year Built/Source 1920 Stories 2 Buildings 3 Security Sewer Style Prop Condition View No Water DOM 4 CONTRACT INFO List Date 12-10-2015 List Price $1,899,000 Orig List Price $1,899,000 Status Date 12-10-2015 Change Date/Type 12-14-2015 / New Listing Sale Type Standard CSO 2.5% Listing Type Exclusive Right Disclosure As Is LAND/PARKING INFO Zoning INR3YY Addl Parcel No Rent Control No Land Type Fee Parking Type Covered Parking Total Parking 7 Covered Parking Uncovered Parking COMMUNITY/DEVELOPMENT Complex/Assoc Name Tax Mello Roos Mgmt. Co. Name Mgmt. Co. Phone Oth. Mgmt. Co. Name Oth. Mgmt. Co. Phone SHOWING INFO Contact Name Contact Phone Occupancy/Show Accepted Offer Lockbox Location Lockbox Type Occupant Type Gate Code INTERIOR FEATURES AC/Cooling Central Heating Wall Gas Equip/Appl Range/Oven Flooring Laundry Laundry Equip EXTERIOR FEATURES Construction Exterior Constr Pool Roofing Spa Fence Phone/Cell p: 424-240-9319 / c: 310-308-3174 Email [email protected] DERRICK RUIZ EXP REALTY OF CALIFORNIA INC LA1 CALBRE#: 00919713

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118 W Kelso MLS data sheet.

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Derrick RuizApartment Broker and ExpertCelebrating 30 years in Real Estate

1 118 W KELSO ST INGLEWOOD CA 90301

12 # of Units

6,969/AS Sqft

12,420/AS Lot Size

Active

IncomeLP: $1,899,000

Area 1505 Inglewood NorthSubdivision

Price Per Sqft $272.49Vacancy 3%Total Bedrooms 15Total Bathrooms 13.00MLS# 15-964777APN 4020-027-008

Type # of Units Bedrooms Baths Furnished Rent Actual Rent Projected Rent

Unit 1 1 2 1.00 No $1250.00 $1250.00 $1250.00Unit 2 1 1 1.00 No $875.00 $875.00 $875.00Unit 3 1 1 1.00 No $850.00 $850.00 $850.00Unit 4 1 1 1.00 No $875.00 $875.00 $875.00Unit 5 1 1 1.00 No $1000.00 $1000.00 $1000.00Unit 6 1 1 1.00 No $1050.00 $1050.00 $1050.00Unit 7 1 1 1.00 No $980.00 $980.00 $980.00Unit 8 1 1 1.00 No $975.00 $975.00 $975.00Unit 9 1 2 1.00 No $1295.00 $1295.00 $1295.00Unit 10 1 1 1.00 No $1025.00 $1025.00 $1025.00Unit 11 1 1 1.00 No $950.00 $950.00 $950.00Unit 12 1 1 1.00 No $1050.00 $1050.00 $1050.00Unit 13 0.00 No

Directions : Property is near the Inglewood Civic Center just west of La Brea Blvd just south of Manchester Remarks : Great north Inglewood 12 unit apartment building. Large square footage on a huge 12,420 square foot lot. 3 Separate buildings, 2 carports, 9 totalparking spots, laundry room, storage room. Property has gone through the LAX soundproofing retrofit and has all new windows, doors, HVAC system, and newelectrical system. Building recently painted. Property is owned by a licensed contractor who has rehabbed 8 of 12 units and has re-rented building with handpickedtenants. Property located near the Inglewood civic center. Take advantage of future growth as the new Hollywood Park development brings business to the city ofInglewood. No rent control, price of ownership property. Inside with accepted offer. Showing Remarks : Inside with accepted offer only please.

INCOME DETAILSScheduled or Actual ScheduledRent Control % 0GOI $147,000.00Total Expense 51450NOI $95,550.00Gross Income $147,000.00Cap Rate 5.02GRM 12.91Actual AGR

Actual GAI

STRUCTURE INFOType of Units gardenYear Built/Source 1920Stories 2Buildings 3Security

Sewer

Style

Prop Condition

View NoWater

DOM 4 CONTRACT INFO

List Date 12-10-2015List Price $1,899,000Orig List Price $1,899,000Status Date 12-10-2015Change Date/Type 12-14-2015 / New ListingSale Type StandardCSO 2.5%Listing Type Exclusive RightDisclosure As Is

LAND/PARKING INFOZoning INR3YYAddl Parcel NoRent Control NoLand Type FeeParking Type Covered ParkingTotal Parking 7Covered Parking

Uncovered Parking

COMMUNITY/DEVELOPMENTComplex/Assoc Name

Tax Mello Roos

Mgmt. Co. Name

Mgmt. Co. Phone

Oth. Mgmt. Co. Name

Oth. Mgmt. Co. Phone

SHOWING INFOContact Name

Contact Phone

Occupancy/Show Accepted OfferLockbox Location

Lockbox Type