915 Glenway Drive

Description

First time on the market in over 40 years! 915 Glenway Drive is a true value-add investment opportunity located in one of the most sought-after locations in all of Los Angeles, in the city of Inglewood. This 2 Story garden-style apartment building has an excellent unit mix consisting of Four (4) 2 bedroom1 bath, and One (1) one bedroom 1 bath units. Corner lot with an approximate building square feet of 3,977 living area and a lot size of approximately 6,900 square feet of land. Built in 1956, the subject property is fully occupied with approximately 48% upside in rents. Separately metered for gas and electric, garage parking and washer/dryer hookups in each unit, and individual hot water heaters. The subject property is due for rent increases and the City of Inglewood allows for landlords to increase rents on an annual basis, thereby immediately adding value to the property. Call Listing Agent for details.915 Glenway Drive is located on the corner Glenway Drive and Hardin Dr right off La Cienega Blvd, North of Florence Avenue and South of Centinela Avenue. Great Location near Ladera Heights and in close proximity to shopping, schools and transportation.