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

3835 W 104th Street

^$ 8,400,000

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Recently Listed

3835 W 104th Street

Inglewood, CA, 90303

^$ 8,400,000

Bedrooms39 Baths42.0 Sq 23,555

Monthly Estimate*

^$ 55,829

Listed by Lyon Stahl Investment Real Estate, Inc.

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

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

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

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

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

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

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

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

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

Multi-Family Home for sale in Inglewood, CA

for $8,400,000 with 39 bedrooms and 42 full baths. This 23,555 square foot home was built in 1961 on a lot size of 0.6965.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.6965

Year Built

1961

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

24392351

Days on Market

Features

General

Sewer Other

Heating WallFurnace

Cooling WallWindowUnits

Appliances Oven Range

Zoning INM1L*

Pool Features None

Security Features CarbonMonoxideDetectors KeyCardEntry ResidentManager SmokeDetectors

Year Built 1961

Tenant Pays Electricity Gas

View CityLights

Stories 2

Levels Two

Gross Income 715188.0

County Los Angeles

Net Operating Income 466291.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction South

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Heading East on Century Blvd turn South of Prarie and East on W. 104th. Property is on the North side of the street.

City Inglewood

View Y/N Y

Senior Community Y/N N

Open Parking Spaces 0.0

NumberOfUnitsTotal 28

MLS Area 102 - South Inglewood

Lot Size Units SquareFeet

Lot Size Square Feet 30338.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name 104th

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Occupancy Type Tenant

Cap Rate 5.55

Exterior

Parking Features Carport

Total Parking 28.0

Lot Size Area 30338.0

Number of Buildings 1

Spa N

Building Area Total 23555.0

Lot Size Acres 0.6965

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Laundry Features CommonArea

Total Bedrooms 39

Entry Level 1

Electric On Property Y/N N

Total Baths 42

Internal Only

Street Number 1 3835

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 425-9838

Phone

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 ^$2,612,163

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.

273443 Elementary School

272636 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 W 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 0.6965. 3835 W 104th Street has 39 bedrooms, 42.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3835 W 104th Street

Multi-Family Home for sale in Inglewood, CA

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