617 E 97th Street Inglewood, CA ^$ 6,550,000

617 E 97th Street

^$ 6,550,000

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617 E 97th Street

Inglewood, CA, 90301

^$ 6,550,000

Bedrooms44 Baths36.0 Sq 19,014

Monthly Estimate*

^$ 45,754

Listed by Berkadia

617 E 97th Street, Inglewood, CA 90301 - Image 1

617 E 97th Street, Inglewood, CA 90301 - Image 2

617 E 97th Street, Inglewood, CA 90301 - Image 3

617 E 97th Street, Inglewood, CA 90301 - Image 4

617 E 97th Street, Inglewood, CA 90301 - Image 5

Multi-Family Home for sale in Inglewood, CA

for $6,550,000 with 44 bedrooms and 36 full baths. This 19,014 square foot home was built in 1988 on a lot size of 0.4121.

Price Reduced! *Phenomenal Location, Steps to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) *Large Units Averaging 1,056 SF (all two's and three's), Built in 1988 *Most units renovated or Partially renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except two) *Rents shown are averages *See Property website for OM, rent roll and other information.

Multi-Family Active

Price

^$ 6,550,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4121

Year Built

1988

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

23302313

Days on Market

257

Features

General

Heating WallFurnace

Cooling None

Appliances Dishwasher Microwave Refrigerator

Zoning INR3YY

Year Built 1988

Levels ThreeOrMore

Gross Income 521076.0

County Los Angeles

Net Operating Income 338308.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On 97th Street just east of Prairie Avenue. 1/2 Block to SoFi Stadium.

City Inglewood

Disclosures ListingBrokerAdvantage

View Y/N N

Senior Community Y/N N

Total Units 18

MLS Area 102 - South Inglewood

Lot Size Square Feet 17953.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 97th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 173

Standard Status Active

Cap Rate 5.2

Exterior

Parking Features ControlledEntrance Covered Gated

Total Parking 36.0

Lot Size Area 17953.0

Number of Buildings 1

Spa N

Building Area Total 19014.0

Lot Size Acres 0.4121

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 44

Electric On Property Y/N N

Total Baths 36

Internal Only

Street Number 1 617

* Excluded Features

List By

Berkadia

Broker

(310) 470-8963

Phone

Affordability Calculator

$45,754

Per Month

Monthly Principal & Interest: $45,754
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Inglewood, CA

Average List Price ^$2,067,989

Percent of Sale Price 68%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2024	$6,550,000	-9.66%	Price Down
11/18/2023	$7,250,000	-3.33%	Price Down
8/18/2023	$7,500,000		Listed Price

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617 E 97th Street, Inglewood, CA, 90301 is a Multi-Family Home for sale at $6,550,000 with 19,014 sqft and a lot size of 0.4121. 617 E 97th Street has 44 bedrooms, 36.0 baths, and was built in 1988. The property's zip code is 90301 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. 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.

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617 E 97th Street

Multi-Family Home for sale in Inglewood, CA

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