4001 W 104th St, Inglewood | $1,250,000
Stephen Takahashi and Kyle Woods are pleased to present 4001 W 104th St! The subject property consists of six 1 bedroom/1 bath units and a 3 bedroom/1 bath unit with significant room to increase rents. The building is a single-story 2,080 square foot building, built in 1939, and is sitting on a 5,889 square foot corner lot. Zoned C-2, 4001 104th St also has promise as a development with close proximity to the new $2.6 Billion NFL stadium, placement on a corner lot, and C-2 development.
Listed at $1,250,000, this 7 units building has a GRM of 18.60 and a cap rate of 2.99%.
- 2 separate buildings, all one story units
- Corner lot
- Market 6.4% CAP
- C-2 General Commercial Zoning
- Close proximity to the new stadium
- Under $180,000 a unit
The most heavily populated county in the country is Los Angeles County with approximately 9.9 million people, including about 1 million that live in unincorporated areas of the county. The metropolis – formed by the six neighboring counties of Los Angeles, Ventura, Kern, San Bernardino, Riverside, and Orange – is home to approximately 19 millionresidents. Los Angeles County is home to one of the most educated labor pools in the country and offers a labor force of more than 4.7 million, of which more than 1.5 million are college graduates. Los Angeles County has the largest population of any county in the nation, exceeded only by eight states. According to the United States Conference of Mayors, Los Angeles County boasts a GDP among the twenty largest in the world. Los Angeles County’s continued economic growth, in contrast to other areas of the state and nation, is due to its diversified economy and abundant, well-trained workforce.
● Los Angeles County is the world’s 18th largest economy.
● Los Angeles part of the “Tech Coast” and is regarded as the of the main entrepreneurial regions of the world. It has approximately 200,000 small businesses, which is twice as many small businesses as can be found in any other region of the United States.
● If Los Angeles’ five county area were a state, it would be the fourth largest in the United States.
● Los Angeles has more than 80 stage theaters and 300 museums, more than any other U.S city.
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