11542 Simms Ave

Inglewood, CA 90303 View Map $1,025,000 Schedule a Tour
Sq.Ft. Lot7,308
Year1952
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Customer Support

(310) 982-2107
 
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Status: Active
Property Type:Quadruplex
MLS #:DW23206882
On Site:28 Days
Lot Size:7,308 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Alberto Sanchez
Office:Century 21 A Better Service
Broker Phone:323-326-0133
This charming 4-unit residential building located at 11542 Simms Ave in Inglewood, CA offers an excellent investment opportunity. Situated in a calm and beautiful residential neighborhood, this property boasts a prime location near major freeways, making it convenient for tenants to commute and access the many attractions Inglewood has to offer. The property comprises two spacious 2-bedroom units and two cozy 1-bedroom units, all of which are in excellent condition, ensuring comfortable living for tenants and reducing the need for immediate renovations. With a lot size of 7,306 square feet, there is ample outdoor space for residents to enjoy. One of the standout features of this property is the clean alley access, making it easy for tenants to access their single-car garages. This convenience adds to the overall appeal of the property and enhances its market value. Investors and potential buyers will be pleased to know that this property is strategically located near prominent entertainment venues, including the famous Sofi Stadium, Youtube Theatre, and the Kia Forum. These attractions not only provide a myriad of entertainment options for residents but also contribute to the property's potential for rental income growth. Whether you're looking for a lucrative investment opportunity or a place to call home in a desirable Inglewood neighborhood, 11542 Simms Ave offers both. Don't miss out on the chance to acquire a property with great income potential and a promising future in this thriving community.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:11542 Simms Ave, Inglewood, CA 90303
Zip Code:90303

Architecture

Year Built:1952
Stories:2
Building Area: 2845.0
Number of Buildings: 1
Total Units: 4
Stories Total: 2
Unit 1: 1 Unit • 2 Beds • Unfurnished • $1,296 actual rent • $1,296 total rent • $2,800 pro forma
Unit 1: 1 Unit • 2 Beds • Unfurnished • $1,296 actual rent • $1,296 total rent • $2,800 pro forma
Unit 2: 1 Unit • 2 Beds • Unfurnished • $1,269 actual rent • $1,269 total rent • $2,800 pro forma
Unit 2: 1 Unit • 2 Beds • Unfurnished • $1,269 actual rent • $1,269 total rent • $2,800 pro forma
Unit 3: 1 Unit • 1 Bed • Unfurnished • $1,072 actual rent • $1,072 total rent • $2,200 pro forma
Unit 3: 1 Unit • 1 Bed • Unfurnished • $1,072 actual rent • $1,072 total rent • $2,200 pro forma
Unit 4: 1 Unit • 1 Bed • Unfurnished • $1,117 actual rent • $1,117 total rent • $2,200 pro forma
Unit 4: 1 Unit • 1 Bed • Unfurnished • $1,117 actual rent • $1,117 total rent • $2,200 pro forma
Garage Spaces: 4.0

Features / Amenities

Entry Level: 1
Entry Location: Front
Common Walls: No Common Walls
Parking Total: 4.0

Property Features

Lot Size: 0.17 Acres / 7,308 Sq. Ft.
Lot Features: Back Yard, Corner Lot, Rectangular Lot
Sewer: Public Sewer
Water: Public
Zoning:INR3YY
Directions:In between the 105 Fwy & Imperial Hwy off of Crenshaw Blvd.

Tax and Financial Info

Gross Income: $57,048
Gross Scheduled Income: $57,048
Net Operating Income: $57,048
Terms: Cash, Conventional, Item1031Exchange
Land Lease: No

Schools

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11542 Simms Ave Inglewood,  CA 90303
GO SEE THIS LISTING
11542 Simms Ave Inglewood, CA 90303
 
ASAP
Tue
5
Dec
Wed
6
Dec
Thu
7
Dec
Fri
8
Dec
Sat
9
Dec
Sun
10
Dec
Mon
11
Dec
Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of December 4, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.