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4012 W 104TH St

Inglewood, CA 90304
  • $1,000,000
  • STATUS: Active Under Contract
  • ON SITE: 86 Days
  • ID#: 22-142073
Under Contract
UPDATED: 169 min ago
$1,000,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,160
    SQFT
  • $463
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

Description

We are pleased to present an opportunity to acquire a 3-Unit property that is situated on a 6,154 square foot lot located in the city of Inglewood. The subject property is located at 4012 W. 104th St in Inglewood, CA. The subject property is composed 2 Buildings. At the front of the property is a single story duplex with (2) 2 bedroom and 1 bath units. At the rear of the property there is (1) 2 bedroom and 1 bath unit, situated over the 3 single car garages. There is also an unused room connected to the garages that may be converted into an ADU (Buyer to verify). Each 2 bedroom unit is approximately 720 square feet. Each unit is separately metered for gas and electricity. The plumbing has been updated to partial copper piping. Newer noise reduction triple pane windows throughout, and all new HVAC systems per unit. Two units are assigned two parking spaces each, one of which is a garage spot. The 3rd Unit uses the car port in back of their unit. The current Zoning is LCR3PY. This property has not had any issues related to COVID or non-paying tenants. There is no current evictions and all are long term tenants. The City of Inglewood is a preferred City for Investment, located close to LAX Airport and with ongoing construction of Hollywood Park, an entertainment complex and master planned neighborhood. Hollywood Park includes state of the art billion-dollar Sofi Stadium, which hosted Super Bowl LVI (February 2022), and is scheduled to host the College Football Playoff National Championship in January 2023, WrestleMania 39 in April 2023, and the opening and closing ceremonies (as well as soccer and archery events) of the 2028 Summer Olympics. Clippers Arena under construction is located just south of Sofi. Other upcoming developments in the area are LA Phil Yola Center, NFL Media Center, Arya Hotel + numerous residential developments. Don t miss this Great Opportunity to invest in this Prime Upcoming Area!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-26T23:42:40.43. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.randyplaice.com/homes/127294740
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4012 W 104TH St Inglewood, CA 90304

  • Price: $1,000,000
  • Status: Active Under Contract
  • On Site: 86 Days
  • Updated: 169 min ago
  • ID#: 22-142073
6
Beds
0
Baths
0
½ Baths
0.14
Acres
2,160
SQFT
$463
$/SQFT
1956
Built
Neighborhood:
Lennox
County:
Los Angeles
Area:
Lennox
Property Description
We are pleased to present an opportunity to acquire a 3-Unit property that is situated on a 6,154 square foot lot located in the city of Inglewood. The subject property is located at 4012 W. 104th St in Inglewood, CA. The subject property is composed 2 Buildings. At the front of the property is a single story duplex with (2) 2 bedroom and 1 bath units. At the rear of the property there is (1) 2 bedroom and 1 bath unit, situated over the 3 single car garages. There is also an unused room connected to the garages that may be converted into an ADU (Buyer to verify). Each 2 bedroom unit is approximately 720 square feet. Each unit is separately metered for gas and electricity. The plumbing has been updated to partial copper piping. Newer noise reduction triple pane windows throughout, and all new HVAC systems per unit. Two units are assigned two parking spaces each, one of which is a garage spot. The 3rd Unit uses the car port in back of their unit. The current Zoning is LCR3PY. This property has not had any issues related to COVID or non-paying tenants. There is no current evictions and all are long term tenants. The City of Inglewood is a preferred City for Investment, located close to LAX Airport and with ongoing construction of Hollywood Park, an entertainment complex and master planned neighborhood. Hollywood Park includes state of the art billion-dollar Sofi Stadium, which hosted Super Bowl LVI (February 2022), and is scheduled to host the College Football Playoff National Championship in January 2023, WrestleMania 39 in April 2023, and the opening and closing ceremonies (as well as soccer and archery events) of the 2028 Summer Olympics. Clippers Arena under construction is located just south of Sofi. Other upcoming developments in the area are LA Phil Yola Center, NFL Media Center, Arya Hotel + numerous residential developments. Don t miss this Great Opportunity to invest in this Prime Upcoming Area!
Exterior Features

Cross Streets 104th St And Prairie Ave Direction Faces North Exterior Construction Stucco Lot Size Area 6154 Other Structures Accessory Dwelling Unit Parking Garage Garage - 3 CarShared DrivewayCarport Total Parking 6

Interior Features

Baths Total 3.00 Cooling Air Conditioning Equipment Range/OvenRefrigeratorMicrowave Heating Central Water Heater Features Gas Windows Double Pane Windows

Property Features

Assessed Total Value 226467 Gross Income 51084 Gross Operating Income 49551 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 28168.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Title Company Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 21383 Type Of Units Investment Water Heaters YN Yes Year Built Source Assessor Zoning Lcr3py

Listing provided courtesy of John Mccann DRE#01963932 of Lyon Stahl Investment Real Estate, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-26T23:42:40.43. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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