115 N Oak St, Inglewood, CA 90301

115 N Oak St, Inglewood, CA 90301

Inglewood, CA 90301
$9,250,000

Property Description

115 N Oak St is a pride of ownership, 41-unit building located in one of the nicest pockets of Inglewood. Add major value by building 12 ADUs (10 Attached and 2 Detached). The property will operate at an 8.00% CAP and 9.12 GRM once ADUs are built out. The subject property is comprised of (1) 2Bed+1Bath, (27) 1Bed+1Bath, (13) Studio+1bath units, each of which features a tuck under gated parking spot. Beneficial to the tenants, there is a pool onsite, as well as a laundry room. The subject property is located only minutes away from Sofi Stadium, YouTube Theater, Intuit Dome, LAX airport, and many more developments. 115 N Oak St is an ideal investment opportunity for any investor looking to own a prime asset in once of the most rapidly appreciating neighborhoods of Los Angeles. *Buyer to verify all information*

Property Features

  • Sale Price: $9,250,000
  • Area Size: 23,228 SF
  • Land Area: 0.78 AC
  • Year Built: 1958
  • Units: 41
  • Current GRM: 12.78
  • Current Cap Rate: 5.08%
  • Price Per Unit: $225,610

Lyon Stahl Investment Real Estate

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