4001 W 104Th Street
Inglewood, CA 90304
$155,000.00 (-10.69%)
Active Under Contract for $1,295,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,889 sqft
MLS | SB24098393 |
Year Built | 1939 |
Property Type | Apartment |
County | Los Angeles |
Status | Active Under Contract |
Active Under Contract | $1,295,000 |
Structure Size | N/A sqft |
Lot Size | 5,889 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc. 310-729-1559. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.