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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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Bought with Lyon Stahl Investment Real Estate, Inc.