This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4326 W 105th St

4 Unit Apartment Building $875,000 ($218,750/Unit) 6.14% Cap Rate Inglewood, CA 90304

Investment Highlights

  • Property Location is Central
  • Upgrades made to 2 of the 4 units
  • 100% Occupied
  • Property with More Income Upside
  • New Roof, 2 new water heaters and Exterior paint

Executive Summary

Introducing a prime real estate opportunity in Inglewood, California – 4326 West 105th Street, Inglewood.
This income producing property showcases 4 units: 1 - 2bd/1b, 2 - 1bed/1bath and 1 - studio; 6 parking spaces.(2 non-conforming units/legal duplex)
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 Blvd 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 5.58% Cap which he manages himself and the performa Cap can be higher is the prospective buyer will self manage and implements a RUB System for utilities, adds parking fees and pet fees. 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 - 4

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $875,000
Price Per Unit $218,750
Sale Type Investment
Cap Rate 6.14%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 6.84
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.13 AC
Building Size 1,932 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1928/2021
Parking Ratio 3.11/1,000 SF

Unit Amenities

  • Cable Ready
  • Washer/Dryer Hookup

Site Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,085 450 - 500
1+1 2 $1,552 385 - 500
2+1 1 $2,369 1,038
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code LCR2YY (LIMITED COMMERCIAL RESIDENTIAL 2)
LCR2YY (LIMITED COMMERCIAL RESIDENTIAL 2)
  • Listing ID: 33210536

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 4326 W 105th St, Inglewood, CA 90304

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}