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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! Email or direct message me for more information.
Last Updated | 9/26/2024 | Year Built | 1928 |
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Community | Lennox | County | Los Angeles |
Additional Details
AIR | None |
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APPLIANCES | Water Heater |
AREA | Lennox |
CONSTRUCTION | Concrete, Drywall, Stucco |
GARAGE | Assigned, Concrete, Driveway, Driveway Level, One Space, Uncovered |
HEAT | Wall Furnace |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down, Ceiling Fan(s), Storage, Unfurnished |
LOT | 5497 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre, Front Yard, Paved |
LOT DIMENSIONS | 41 x 135 |
PARKING | Assigned,Concrete,Driveway Level,Driveway,One Space,Uncovered |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Contemporary |
TAXES | 9079 |
UTILITIES | Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Water Available,Water Connected, Electric: Standard |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LCR2YY |
Location
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