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9400 S Denker Avenue, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath

9400 S Denker Avenue, Los Angeles, California 90047 home-pic-0
ACTIVE$987,000
9400 S Denker Avenue, Los Angeles, California 90047
0Bed
0Bath
2,026Sqft
7,452Lot
Year Built
1940
Close
-
List price
$987K
Original List price
$1.2M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
SB25004877
Home ConditionGood
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $987.0K(58th), sqft - 2026(53th), beds - undefined(50th), baths - undefined(50th).

This property is perfect for both investors and owner-occupants. This residence has four (4) units one (1) two bedroom; one (1) one bedroom; and two (2) studio units. Each unit has been updated within the past five years. This property is situated in the desirable mid-Los Angeles area close to several freeways and easy access to downtown Los Angeles and Inglewood sports center. The property is listed as a single-family residence, but shows as a Quadruplex, all of the units are occupied and will be delivered fully occupied. This property is a great source of cash flow, because very little Maintenace is required. Drive by only, all of the Units are tenant occupied, please do not show up to view the property. Showing will be held for the three highest offers at a future scheduled date. Please submit offer subject to interior inspection. Contact Listing agents for all property operating expenses.

Nearby schools

1/10
Manhattan Place Elementary School
Public,•K-5•0.4mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.5mi
1/10
Century Park Elementary School
Public,•K-5•1.3mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.5mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
2/10
George Washington Preparatory High School
Public,•9-12•0.9mi
2/10
Morningside High School
Public,•9-12•1.9mi
2/10
Inglewood High School
Public,•9-12•3.0mi
9/10
Middle College High School
Public,•9-12•3.6mi
Condition Rating
Good
The property was built in 1940, but the description states that each unit has been updated within the past five years. The images show updated kitchens and bathrooms with modern appliances and fixtures. While the building is older, the recent renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Income Potential: The property features four units, offering a strong potential for rental income and cash flow.
Updated Units: Each unit has been updated within the past five years, reducing the need for immediate renovations.
Convenient Location: Located in mid-Los Angeles with easy access to freeways, downtown, and the Inglewood sports center, enhancing tenant appeal.

Cons

Tenant Occupied: All units are currently tenant-occupied, potentially limiting immediate flexibility for owner-occupancy or significant renovations.
Limited Access: Viewings are restricted to the three highest offers and subject to interior inspection, potentially hindering due diligence.

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