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.
Mls | SB24190280 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 1928 |
Days On Site | 89 |
Listing Provided By | West Shores Realty, Inc. 310-541-8000 | Coral Sandoval-Eldred |
Sq Feet | 1,923 |
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Storys | 1 |
Units | 4 |
Buildings | 3 |
Zoning | LCR2YY |
Acreage | 0.13 |
Property View | None |
State | CA |
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County | Los Angeles |
City | Inglewood |
Zip Code | 90304 |
Area | 105 Lennox |
Listing VS Median (in 90304) | |
Price: $875,000 low | high Med: $799,000 SqFt: 1,923 low | high Med: 1,741 $ / SqFt: $455 low | high Med: $460 On Site: 89 low | high Med: 58.500000 |