320 Stepney is a 4 unit residential income property located in the highly desirably city of Inglewood, Ca very close to the new Sofi Stadium Development. This fourplex comes with two units delivered vacant and remodeled, allowing for an investor or owner occupier to achieve market rents immediately. The property has a good unit mix with all 2 bed/1 bath units and (2) separate two car garages. This amazing building was built in 1923 with a total size of 2,822 SF, sitting on a large 10,015 SF lot zoned R3. Prime Location in Inglewood near LAX, Space-X, Forum, New LA Sofi Stadium, Ladera Heights, Culver City, El Segundo, Parks & Recreation, and Restaurants & Shops. 5.0% Actual Cap Rate 13.6 Actual GRM. 6.0% Market Cap 11.9 Market GRM.
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