3835 W. 104th St

Units:
28
23,555
sqft

3835 104th is strategically located just east of Prairie and south Century Blvd, providing a future investor with the peace of mind that area is on a growth trajectory, with thousands of new units, retail, office and hotel coming online in the coming years. With Sofi Stadius, Youtube Theater, and The Intuit Dome already built, the area has seen a massive resurgence, drawing businesses, investment, and tourism to the area.

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 Inglewood Rent Control Ordinance 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.

  • Located in the path of major developments that are slated to transform the area.
  • Recent developments adjacent to and just a short walk away such as the The Intuit Dome, Youtube Theater, and Sofi Stadium have put the area on a growth trajectory.
  • Rare Opportunity to acquire a large 28 unit asset in a strategic location on a massive 30,330 square foot lot that is providing cash flow day 1.
OFFERING MEMORANDUM

Status:

Available

$

8,400,000

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