3321 74th, Los Angeles, CA, 90043
- 0.31acre
The subject property is a two story walkup apartment complex consisting of two 10 unit buildings on one parcel. The buildings were constructed in 1960 and have an equal mix of 1 and 2 bedroom units. There is a laundry room onsite and parking for 20 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 7324 Crenshaw Blvd, is a 10 unit apartment building and is being offered for sale by the same ownership as a portfolio.
The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot and is 30 minutes from Downtown LA. The area is densely populated which results in a strong rental market.
Listing agents:
Stephen Lampe
License #01164364
Re/Max Commercial & Investment
David Holstein
License #01210777
The Holstein Group
3321 74th is a Residential Income Apartment property located in Los Angeles, California, featuring a 0.310 acre lot, MLS #SB26064661.