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Key Details
Sold Price $1,175,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24098393
Sold Date 11/22/24
HOA Y/N No
Year Built 1939
Lot Size 5,889 Sqft
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
Zoning INC2YY
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking, Dog Park, Park, Street Lights, Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4034013027
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
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