4256-4258 W 106th St - Apartments FOR SALE


Inglewood, CA 90304
$1,249,500 USD
310-425-9838
4256-4258 W 106th St, Inglewood, CA for Sale
$1,249,500 USD
Apartments - FOR SALE
1/15
null | 4.78% Cap Rate

4256-4258 W 106th St
Inglewood, CA 90304


HIGHLIGHTS

  • Presenting a rare opportunity to own in the rapidly evolving Lennox/Inglewood area with about 40% in rental upside potential.
  • Central air & heat, double pane windows, sound proof doors- improved by City
  • Front 2 units had a new roof put on in 2023
  • Offers approximately 40% rental upside—potentially improving from a 12.53 GRM and 4.78% cap rate to an 8.82 GRM and 7.92% cap rate.
  • This Lennox/Inglewood property features three buildings on a 12,770 sq. ft. R-2 lot: one 3 bed/1.5 bath house and two duplexes, each unit with its own

OVERVIEW

Presenting a rare opportunity to own in the rapidly evolving Lennox/Inglewood area with about 40% in rental upside potential. This versatile property offers remarkable flexibility, value, and potential for an investors seeking to capitalize on the vibrant local real estate boom occurring near SoFi Stadium. This Lennox/Inglewood property features three buildings on a 12,770 sq. ft. R-2 lot: one 3 bed/1.5 bath house and two duplexes, each unit with its own garage between the unit, which creates the feel of a separate house. The property needs upgrades but offers approximately 40% rental upside—potentially improving from a 12.53 GRM and 4.78% cap rate to an 8.82 GRM and 7.92% cap rate. Front unit has a small front yard. while 3 bedroom house in back includes a backyard. Central air & heat, double pane windows, sound proof doors- improved by City. Front 2 units had a new roof put on in 2023

FOR SALE DETAILS

PRICE

$1,249,500 USD

PRICE/SF

$210 USD /SF

# OF UNITS

5

PRICE/UNIT

$249,900

CAP RATE

4.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,767 SF

ZONING

LCR2YY

APN/PARCEL ID

4034-031-040

ASK ABOUT THIS PROPERTY

Michael MilleaThe Ensbury GroupMore Info
310-425-9838

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Michael MilleaThe Ensbury GroupMore Info
310-425-9838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.