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    4017 W 111th Street

    Inglewood, CA 90304
    • $2,625,000
    • STATUS: Pending
    • ON SITE: 43 days
    • ID#: SB21125786
    Pending
    UPDATED: 237 min ago
    $2,625,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Description

    4017 W 111th St is an excellent opportunity for one in a 1031 exchange, developer, and/or buyer looking to invest in the rapidly developing city of Inglewood. Located within walking distance from multi-billion dollar projects such as So-Fi Stadium, the Forum, and the future Clippers stadium, this property supports high rental income, where rents are trending up. Situated on a large 16,200 sq ft lot across from the upcoming Hilton Tru Hotel, the C2A zoning offers a unique opportunity to develop. On top of commercial zoning allowances, one has the option to develop projects tied to LAX. Tenants enjoy ample space and privacy where the 9 units are spread out and consist of a 4-plex, two duplexes, and a single family house. The subject property offers plenty of parking with 5 garages(total of 8 spaces), 4 carports, plus surface/uncovered parking. The subject property has easy access to 105 fwy, 405 fwy, and LAX. An investor can also explore the possibility of adding two bonus units increasing the investment to over a 6% CAP rate!**Buyer to Verify** Lastly, the revitalization of Inglewood has just begun. With events such as the 2022 Super Bowl and 2028 Olympics, Inglewoods becoming a mecca for entertainment in Los Angeles. Dont miss out on this opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
    www.swackrealestategroup.com/homes/118128227
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    4017 W 111th Street Inglewood, CA 90304

    • Price: $2,625,000
    • Status: Pending
    • Updated: 237 min ago
    • ID#: SB21125786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    1968
    Built
    Neighborhood:
    105 - Lennox
    County:
    Los Angeles
    Area:
    105 - Lennox
    Property Description
    4017 W 111th St is an excellent opportunity for one in a 1031 exchange, developer, and/or buyer looking to invest in the rapidly developing city of Inglewood. Located within walking distance from multi-billion dollar projects such as So-Fi Stadium, the Forum, and the future Clippers stadium, this property supports high rental income, where rents are trending up. Situated on a large 16,200 sq ft lot across from the upcoming Hilton Tru Hotel, the C2A zoning offers a unique opportunity to develop. On top of commercial zoning allowances, one has the option to develop projects tied to LAX. Tenants enjoy ample space and privacy where the 9 units are spread out and consist of a 4-plex, two duplexes, and a single family house. The subject property offers plenty of parking with 5 garages(total of 8 spaces), 4 carports, plus surface/uncovered parking. The subject property has easy access to 105 fwy, 405 fwy, and LAX. An investor can also explore the possibility of adding two bonus units increasing the investment to over a 6% CAP rate!**Buyer to Verify** Lastly, the revitalization of Inglewood has just begun. With events such as the 2022 Super Bowl and 2028 Olympics, Inglewoods becoming a mecca for entertainment in Los Angeles. Dont miss out on this opportunity!
    Exterior Features

    Carport Spaces 4 Carport YN Yes Lot Features 6-10 Units/Acre Open Parking Spaces 8 Parking Total 12 Sign On Property YN No

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public Zoning C2a

    Listing provided courtesy of Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc. and John Stiegler II of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
     
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