Inglewood, CA 90304,4001 W 104th Street
Inglewood, CA 90304,4001 W 104th Street
Inglewood, CA 90304,4001 W 104th Street
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$1,175,000

$1,295,000

9.3%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

5,889 Sqft Lot


SOLD DATE : 11/22/2024

Key Details

Sold Price $1,175,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24098393

Sold Date 11/22/24

Bedrooms 5

HOA Y/N No

Lot Size 5,889 Sqft

Property Description

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 4001 W 104th St is a mostly Stabilized 7 unit apartment and 1 non-conforming unit apartment building in Inglewood. Priced at a 8.86 GRM and 7.38% Current Cap rate, this asset is ideal for an investor looking for strong cash flow in the vibrant city of Inglewood. Priced at $161,875 per unit, this 8.86 GRM property is one of the most unique properties in this submarket. A unit mix of (1) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (6) Singles, this building is perfect for this markets renters. Nestled across the street from the multibillion-dollar endeavor of the new Clippers Stadium, this asset stands poised for exceptional growth and investment potential.
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 4001 W 104th St is a mostly Stabilized 7 unit apartment and 1 non-conforming unit apartment building in Inglewood. Priced at a 8.86 GRM and 7.38% Current Cap rate, this asset is ideal for an investor looking for strong cash flow in the vibrant city of Inglewood. Priced at $161,875 per unit, this 8.86 GRM property is one of the most unique properties in this submarket. A unit mix of (1) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (6) Singles, this building is perfect for this markets renters. Nestled across the street from the multibillion-dollar endeavor of the new Clippers Stadium, this asset stands poised for exceptional growth and investment potential.

Location

State CA

County Los Angeles

Area Inglewood (90304)

Zoning Assessor

Building

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $149

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,393

Listing Terms Cash, Conventional, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
Bought with Lyon Stahl Investment Real Estate, Inc.
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