REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Giovanni Ruiz DRE Lic#02028392

gioruizrealestate@gmail.com +1(760) 522-1433

$ 9,250,000

Est. payment | -/mo

42 Beds

43 Baths

23,580 SqFt

Save

$ 9,250,000

Est. payment | -/mo

Save

42 Beds

43 Baths

23,580 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 23,580 sqft

Price per Sqft $392

MLS Listing ID 26867339

Bedrooms 42

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1964

Lot Size 0.622 Acres

Property Description

We are pleased to present the exclusive offering of 621 E. 99th St., a turnkey apartment community located in the heart of Inglewood. This asset presents a rare opportunity to acquire a substantially renovated, high-quality 28-unit apartment community within walking distance of SoFi Stadium and just minutes from the transformative Hollywood Park development and the Intuit Dome. The property offers investors the opportunity to acquire a high-quality asset in one of Southern California's fastest-growing rental markets. The property has undergone extensive renovations, including upgrades to the electrical, plumbing, roof, and windows. Since acquiring the property, ownership has further enhanced the asset by completing full interior renovations in 26 of the 28 units. Additional improvements include the conversion of a former storage area into a modern fitness center, the addition of a beautifully renovated community restroom, and the replacement of plumbing fixtures throughout the property with ultra-efficient water-saving fixtures designed to improve water conservation and reduce operating expenses. The property also has 28 gated parking spaces and 14 additional garage spaces. All units feature washers and dryers and central air conditioning and heating, providing residents with highly desirable modern amenities that support tenant retention and rental premiums. The property also features a beautifully maintained pool area and upgraded community spaces, including outdoor tables and chairs, a BBQ area, and inviting gathering spaces that create an enhanced resident experience. Positioned in one of Southern California's most dynamic rental markets, 621 E. 99th St. offers investors stable cash flow, significant renovation completion, and long-term appreciation potential.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INR3YY

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Gated

Garage Spaces 14.0

Garage Description 14.0

Pool Fenced

Community Features Gated

Total Parking Spaces 42

Building

Faces South

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4024043028

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by John Katnik BRC Advisors- BH #02002695

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(760) 522-1433

gioruizrealestate@gmail.com

Learn More About LPT Realty

621 E 99th ST Inglewood, CA 90301