For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $8,750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24069208
Sold Date 06/13/24
Bedrooms 4
HOA Y/N No
Lot Size 0.783 Acres
Property Description
CALL FOR OFFERS MAY 17th 5pm 115 N Oak St is a pride of ownership, 41-unit building located in one of the nicest pockets of Inglewood. Add major value by building 10 ADUs. The property will operate at an 7.54% CAP and 9.42 GRM once ADUs are built out. The subject property is comprised of (1) 2Bed+1Bath, (27) 1Bed+1Bath, (13) Studio+1bath units, each of which features a tuck under gated parking spot. Beneficial to the tenants, there is a pool onsite, as well as a laundry room. The subject property is located only minutes away from Sofi Stadium, YouTube Theater, Intuit Dome, LAX airport, and many more developments. 115 N Oak St is an ideal investment opportunity for any investor looking to own a prime asset in once of the most rapidly appreciating neighborhoods of Los Angeles. *Buyer to verify all information*
CALL FOR OFFERS MAY 17th 5pm 115 N Oak St is a pride of ownership, 41-unit building located in one of the nicest pockets of Inglewood. Add major value by building 10 ADUs. The property will operate at an 7.54% CAP and 9.42 GRM once ADUs are built out. The subject property is comprised of (1) 2Bed+1Bath, (27) 1Bed+1Bath, (13) Studio+1bath units, each of which features a tuck under gated parking spot. Beneficial to the tenants, there is a pool onsite, as well as a laundry room. The subject property is located only minutes away from Sofi Stadium, YouTube Theater, Intuit Dome, LAX airport, and many more developments. 115 N Oak St is an ideal investment opportunity for any investor looking to own a prime asset in once of the most rapidly appreciating neighborhoods of Los Angeles. *Buyer to verify all information*
Location
State CA
County Los Angeles
Area Inglewood (90301)
Zoning Assessor
Exterior
Pool Community/Common
Building
Story 2
Others
Monthly Total Fees $688
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,995
Listing Terms Cash, Conventional, Exchange
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON LISTED AGENT • San Diego
GET MORE INFORMATION