$8,750,000
$9,250,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
0.78 Acres Lot
SOLD DATE : 06/13/2024
Key Details
Sold Price $8,750,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24069208
Sold Date 06/13/24
HOA Y/N No
Year Built 1958
Lot Size 0.783 Acres
Property Description
CALL FOR OFFERS MAY 17th 5pm
115 N Oak St is a pride of ownership, 41-unit building
located in one of the nicest pockets of Inglewood. Add
major value by building 10 ADUs. The property will
operate at an 7.54% CAP and 9.42 GRM once ADUs are
built out.
The subject property is comprised of (1) 2Bed+1Bath,
(27) 1Bed+1Bath, (13) Studio+1bath units, each of which
features a tuck under gated parking spot. Beneficial to
the tenants, there is a pool onsite, as well as a laundry
room.
The subject property is located only minutes away
from Sofi Stadium, YouTube Theater, Intuit Dome, LAX
airport, and many more developments. 115 N Oak St is
an ideal investment opportunity for any investor
looking to own a prime asset in once of the most
rapidly appreciating neighborhoods of Los Angeles.
*Buyer to verify all information*
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR4*
Interior
Fireplace No
Laundry Common Area
Exterior
Pool Community, Fenced
Community Features Urban, Pool
Total Parking Spaces 41
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4018009016
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Peter Bledsoe • Realty Executives Westside