Bought with Aaron Jacobson
$1,175,000
$1,295,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
4001 W 104th ST Inglewood, CA 90304
5,889 Sqft Lot
Key Details
Sold Price $1,175,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB24098393
Sold Date 11/22/24
Year Built 1939
Lot Size 5,889 Sqft
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 105 - Lennox
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 4034013027
Special Listing Condition Not Applicable
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