4001 W 104th Street, Inglewood, CA 90304
- $1,175,000
- Sold Price
- $1,175,000
- List Price
- $1,295,000
- Closing Date
- Nov 22, 2024
- Status
- CLOSED
- MLS#
- SB24098393
- Year Built
- 1939
- Lot Size
- 5,889
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 115
- Property Type
- Multifamily
- Property Sub Type
- Apartment
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 market’s 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.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $146,184
- Operating Expense
- 46173
Listing courtesy of Listing Agent: Aaron Jacobson (aaron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Aaron Jacobson from Lyon Stahl Investment Real Estate, Inc.
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.