The Edgewood Apartments
721 Edgewood Street – Inglewood, CA
Status:
Sold
Close of Escrow: 11/01/2012
Total Number of Units: 24
Year Built: 1961
Sale Price: $2,900,000
Price per Unit: $120,833
Price per Square Foot: $137.62
CAP Rate: 5.88%
Downpayment: $870,000 (30%)
Net Operating Income: $170,777
Rentable Square Feet: 21,071
Lot Size: 0.57 Acres
Unit Type
1Bdr 1Bath
2Bdr 1.5Bath
3Bdr 2Bath
No. of Units
8
15
1
The property was constructed in 1961 and provides the investor with 24 units.