Bought with Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$1,175,000
$1,295,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
3,520 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $1,175,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $333
MLS Listing ID CRSB24098393
Sold Date 11/22/24
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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