$6,600,000

3835 W 104th Street, Inglewood, CA 90303

  • 23,555 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $280/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This 28 unit apartment community is comprised of 23,555 square feet and situated on a 30,338 square foot parcel. The unit is mix consists of 4 x Studios, 10 x One Bedroom/One Bath, 13 x Two Bedroom/One and Three-Quarter Bath, and 1 x Three Bedroom/Two Bath. Each apartment is individually metered for gas and electric. Some of the first floor apartments have patios, and the second floor apartments have balconies. The property has a central water heating system. Laundry machines are leased. ADU potential exists in the rear of the property above the carports; buyer to do their own due diligence with the city. The current debt of $4,059,115 can be assumed. The interest rate of 3.49% is fixed until May 1, 2027, yielding a healthy 7.67% year one cash-on-cash return based on a 39% down payment. With 1% adjustments every six months, an investor can enjoy two years of a well below market interest rate, before refinancing into longer term debt. Inglewood is rapidly evolving, with billions of dollars of private capital invested nearby, and Inglewood Palms is located right at the center of progress and growth. Intuit Dome is located around the corner, and nearby retail amenities include The Shops at Hollywood Park, Cosm, Costco, Target, Home Depot, and In-N-Out Burger. The property has easy f

Listing Status:
Active
Date Added:
April 6, 2025
Data Last Updated:
April 17, 2026 at 5:08AM
Listing Office:
Robert Leveen : 213-995-6684
Listing Agent:
Robert Leveen : 213-995-6684
MLS ID:
CL26674097
  • Laundry: Laundry Room
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Other
  • County: Los Angeles
  • Zoning: INM1L*4032007023

This listing courtesy of Robert Leveen , Robert Leveen

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Worthington Elementary School

11101 Yukon Ave, Inglewood, CA, 90303

Grades KG-5

0.62 miles away

A

Albert F. Monroe Elementary School

, Inglewood, CA, 90305

Grades 6-8

0.77 miles away

M

Morningside High School

10500 Yukon Ave, Inglewood, CA, 90303

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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