115 N Oak Street, Inglewood, CA 90301
- $8,750,000
- Sold Price
- $8,750,000
- List Price
- $9,250,000
- Closing Date
- Jun 13, 2024
- Status
- CLOSED
- MLS#
- SB24069208
- Year Built
- 1958
- Lot Size
- 34,121
- Acres
- 0.78
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Apartment
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*
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Additional Information
- Pool Description
- Community, Fenced
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 41
- Gross Scheduled Income
- $723,665
- Operating Expense
- 232410
Listing courtesy of Listing Agent: Cameron Samimi (teamsamimi@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Peter Bledsoe from Realty Executives Westside
Mortgage Calculator
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.