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4001 W 104th St, Inglewood, CA 90304

$900,000

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.


Investment Highlights:

  • Close proximity to the new $2.6 Billion NFL Stadium
  • Market 7.7% CAP
  • C-2 General Commercial Zoning
  • Under $145,000 a unit

 

Address

  • City: Inglewood
  • State/county: CA
  • Country: United States

Detail

Updated on November 1, 2018 at 9:19 pm

  • Price: $900,000
  • List Date: 7/9/18
  • Sell Date: 10/19/18
  • Property Size: 3,520 Sq ft
  • Land Area: 5,889 Sq ft
  • Year Built: 1939
  • Property Type: Multifamily
  • Property Status: Sold
  • Numbers of Units: 7
  • NOI: $37,338
  • GRM: 18.60
  • CAP RATE: 2.99%
  • Price per Unit: $178,571.43
  • Market GRM: 10.74
  • Market CAP RATE: 6.92%

Contact info

Stephen Takahashi
Stephen Takahashi
(310) 890-5270(310) 403-9145
Linkedin
Kyle Woods
Kyle Woods
(310) 491-7916(805) 208-5266
Linkedin

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