4001 W 104th St, Inglewood, CA 90304

4001 W 104th St, Inglewood, CA 90304

Inglewood, CA
$1,450,000

Property Description

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 4001 W 104th St is a mostly Stabilized 8 unit apartment in Los Angeles County. Priced at a 9.92 GRM and 6.46% Current Cap rate, this asset is ideal for an investor looking for strong cash flow in the vibrant city of Inglewood. Priced at $181,250 per unit, this 9.92 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.

Property Features

  • Sale Price: $1,450,000
  • Area Size: 5,889 sq ft lot
  • Year Built: 1939
  • Listing Date: 05/15/2024
  • Units: 8
  • Current GRM: 9.92
  • Current Cap Rate: 6.46%