Woodland Hills, CA 91364
5-unit | 4,796 SQFT | 7,288 SF Lot
514 East Queen Street is a 5-unit apartment building located in the best part of Inglewood - one mile from the new Hollywood Park neighborhood development and Sofi Stadium (future home to the NFL’s Los Angeles Rams and Chargers)! This large, 4,796 SF structure was built in 1958 and has a desirable unit mix of three (3) 2-bed/1-bath, and two (2) 1-bed/1-bath (each unit is individually metered for gas and electric). Recent improvements include a new roof, new paint and upgrades to the interiors which include marble countertops, new carpet, new appliances, and new lighting. Situated on 7,288 SF of land this property has been well-maintained and features a beautifully landscaped yard, with parking for seven (7) vehicles (4 carport spaces in front, a 2 car garage, and 1 open space in back) and an on-site laundry room. Each unit is due an annual rent increase providing immediate rent upside. Given the prime North Inglewood location, this is an amazing multifamily investment.
