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.