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Listed by Coral Sandoval-Eldred • West Shores Realty, Inc.
$ 875,000
Est. payment /mo
Active
4326 W 105th Street Inglewood, CA 90304
1,923 SqFt
UPDATED:
10/30/2024 03:52 AM
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,923 sqft
Price per Sqft $455
MLS Listing ID CRSB24190280
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1928
Lot Size 5,497 Sqft
Property Description
Introducing a prime real estate opportunity in Inglewood, California – 4326 West 105th Street This income producing property showcases 4 units: 1 - 2bd/1b, 2 - 1bed/1bath and 1 - studio; 6 parking spaces. A comparative market analysis reveals the exceptional value of this property within the thriving Inglewood market. Recent closed listings like the one at 558 E Hyde Park Boulevard demonstrate a skyrocketing value, closing at $1,430,000 with an adjusted price of $1,030,000. The average of active listings in the area sits at $1,166,483, a testament to the desirability of income properties in this locale. Current owner carries a 10.75 ROI which he manages himself. The average CAP Rate for the area is approximately 5.58% - 6.46%. Implementing a RUB System for utilities, charging for coveted parking, pet fees and bring rents closer or to market will bring in an additional $11,248 annual income. HUGE UPSIDE. Surrounded by a trendy neighborhood with easy access to local attractions, fine dining, and entertainment options, this property presents a lucrative investment opportunity for an owner user and/or investor. Take advantage of this hot market and secure a piece of a California lucrative income opportunity at 4324 - 4326 West 105th Street, Inglewood, before it's gone!Â
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile, Carpet
Fireplace No
Laundry Gas Dryer Hookup, Other, Inside
Exterior
View None
Handicap Access Other
Building
Lot Description Front Yard, Paved
Water Public
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