3825 W 108th Street, Inglewood, CA 90303

$1,000,000

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Sold Price
$1,000,000
List Price
$1,095,000
Closing Date
Oct 31, 2023
Status
CLOSED
MLS#
SB23089476
Year Built
1946
Lot Size
10,076
Acres
0.23
Lot Location
0-1 Unit/Acre
Days on Market
120
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

3825 108th Street is a perfect investment for an owner-user and/or value-add investor. The subject property is located on an oversized 10,000 sq ft lot in the heart of Inglewood. This opportunity has a very strong walk score because it’s close proximity to everyday errands and high end entertainment venues such as SoFi Stadium and Intuit Dome. These venues hosted events such as Super Bowl LVI (February 2022), the College Football Championship (January 2023) and is scheduled to host the opening/closing ceremony plus events like soccer and archery for the 2028 Olympic Games. Tenants enjoy this location because of the convenience it offers to major highways and public transportation. 3825 W 108th St also boasts a great unit mix of all 2-bedroom/1-bath units where tenants have ample space to park; where a new owner will be able to come in and immediately increase rents by roughly 100%. Inglewood has just started its climb; other developments coming in the area are LA Phil Yola Center, NFL Media Center, Arya Hotel, and numerous residential developments.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4

Listing courtesy of Listing Agent: Stephen Takahashi (stephen@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Listing sold by Stephen Takahashi from Lyon Stahl Investment Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.