4001 W 104th St, Inglewood, CA 90304

4001 W 104th St, Inglewood, CA 90304

Inglewood, CA
$900,000

Property Description

Stephen Takahashi and Kyle Woods are pleased to present 4001 W 104th St! The subject property consists of six studios, a 3 bedroom/1 bath unit, and a nonconforming 2 bedroom/1 bath unit with significant room to increase rents. The property consists of three separate one-story buildings, built in 1939, and is sitting on a 5,889 square foot corner lot. Zoned C-2, 4001 W 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.

<strong>
Investment Highlights:
</strong>
<ul class=”bulleted-list”>
<li>Close proximity to the new $2.6 Billion NFL Stadium</li>
<li>Market 7.7% CAP</li>
<li>C-2 General Commercial Zoning</li>
<li>Under $145,000 a unit</li>
</ul>
&nbsp;

Property Features

  • Sale Price: $900,000
  • Area Size: 3,520 SF
  • Land Area: 5,889 SF
  • Year Built: 1939
  • Listing Date: 7/9/18
  • Closing Date: 10/19/18
  • Units: 7
  • Current GRM: 18.60
  • Current Cap Rate: 2.99%
  • Price Per Unit: $178,571.43
  • Market GRM: 10.74
  • Market Cap Rate: 6.92%
  • Current NOI: $37,338

Lyon Stahl Investment Real Estate

Keep In Touch