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4001 West 104th Street Inglewood, CA 90304
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Key Details
Sold Price $1,175,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $333
MLS Listing ID SB-24098393
Sold Date 11/22/24
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
Zoning INC2YY
Interior
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Biking, Dog Park, Park, Street Lights, Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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