3835 West 104th Street Inglewood, CA ^$ 8,400,000

3835 West 104th Street

^$ 8,400,000

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3835 West 104th Street

Inglewood, CA, 90303

^$ 8,400,000

Studio Baths0.0 Sq 23,555

Monthly Estimate*

^$ 55,829

3835 West 104th Street, Inglewood, CA 90303 - Image 1

3835 West 104th Street, Inglewood, CA 90303 - Image 2

3835 West 104th Street, Inglewood, CA 90303 - Image 3

3835 West 104th Street, Inglewood, CA 90303 - Image 4

3835 West 104th Street, Inglewood, CA 90303 - Image 5

3835 West 104th Street, Inglewood, CA 90303 - Image 6

3835 West 104th Street, Inglewood, CA 90303 - Image 7

3835 West 104th Street, Inglewood, CA 90303 - Image 8

3835 West 104th Street, Inglewood, CA 90303 - Image 9

Studio

Multi-Family Home for sale in Inglewood, CA

for $8,400,000. This 23,555 square foot home was built in 1961 on a lot size of 0.7.

The offering is a unique opportunity to acquire 28 units with an excellent mix including (1) 3 Bed / 2 Bath, (13) 2 Bed / 2 Bath, (10) 1 Bed / 1 Bath, and (4) Single / 1 Bath units. The building is performing well with a solid in place cash flow providing an investor with a stable asset in a location that continues to see tremendous growth. The property benefits from it's location being outside of the city of Los Angeles and is under AB1482 rent control allowing for an investor to keep up with the steady rent growth in the area. The building will be delivered with a vacant 3 Bed / 2 Bath. The building provides plenty of amenities for tenants including secure entry to the gated well landscaped courtyard. The building is very well parked with 28 spaces that are secured through a remote entry gate. Additionally each unit features a patio or balcony and is spacious with the 28 units being spread out across 23,555 square feet.

Multi-Family Active

Price

^$ 8,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.7

Year Built

1961

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

0024392351

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning INM1L*

Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Card/Code Access Resident Manager

Year Built 1961

Tenant Pays Electricity Gas

View City Lights

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 466291.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction South

Status Active

City Inglewood

Buyer Agent Compensation 2.00

View Y/N Yes

Senior Community Y/N No

MLS Area 102 - South Inglewood

Lot Size Square Feet 30338.0

Street Name 104th

Land Lease Y/N No

Additional Parcels Y/N No

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Range Oven

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Street

Laundry Features None Community

Entry Level 1

Total Baths 0

Exterior

Parking Features Carport

Lot Size Area 30338.0

Spa No

Pool Y/N? No

Building Area Total 23555.0

Lot Size Acres 0.7

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

William James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$55,829

Per Month

Monthly Principal & Interest: $55,829
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Inglewood, CA

Average List Price ^$2,608,047

Percent of Sale Price 69%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$8,400,000		Listed Price

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3835 West 104th Street, Inglewood, CA, 90303 is a Multi-Family Home for sale at $8,400,000 with 23,555 sqft and a lot size of 0.7. 3835 West 104th Street is a studio with 0.0 baths and was built in 1961. The property's zip code is 90303 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3835 West 104th Street

Multi-Family Home for sale in Inglewood, CA

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