3935 West 108th Street
3935 West 108th Street
$1,685,000
12
5
4,717
4,717
$357
Closed 6/10/22
Description
Clean & well maintained 4-Unit property at a GRM of 13 on current rents within the heart of South Inglewood's $5 billion downtown development project! 3 of 4 units recently updated with stable tenants and rent increases for 2022 already in place including a ratio utility billing system (RUBS). Additional upside on the 4th unit & two 2-car garages for even more value-add through potential ADU conversion(s). Many capital improvements including three recently renovated units with updated kitchens, bathrooms,...Clean & well maintained 4-Unit property at a GRM of 13 on current rents within the heart of South Inglewood's $5 billion downtown development project! 3 of 4 units recently updated with stable tenants and rent increases for 2022 already in place including a ratio utility billing system (RUBS). Additional upside on the 4th unit & two 2-car garages for even more value-add through potential ADU conversion(s). Many capital improvements including three recently renovated units with updated kitchens, bathrooms, flooring, lighting & ceiling fans. New exterior paint and retrofitted with new windows, split HVAC units & upgraded electrical panel through the City of Inglewood's residential sound insulation program. Investors benefit from a high income producing property boasting extra large units in one of the LA's most rapidly developing communities within close proximity to SoFi stadium, Intuit Dome NBA arena, and Hollywood Park retail & residential complexes. Plenty of nearby freeway access and public transportation including the $1.4B Inglewood Transit Connector Project (ITC) between the Metro Crenshaw/LAX Line & downtown major event centers. This incredible rental market is perfect for investors who enjoy low vacancy rates, high market rental rates, and strong long-term appreciation. This easy to own asset is a great addition to any portfolio!
- Listed by Jeffrey Isenberg • DRE #02059354 • Brokerage DRE #01914434 • Buckingham Investments, Inc
Property Details for 3935 West 108th Street
View
None
Parking Spaces Total6
Private PoolNo
Cooling TypeCentral Forced Air
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4717
Location
LISTING UPDATED: 06/10/2022 07:36 AM
Property Details for 3935 West 108th Street
Status | Closed |
---|---|
MLS # | SB22092878 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1961 |
Lot Size | 0.17 AC / 7,527 SF |
County | Los Angeles County |
Location
Building Information for 3935 West 108th Street
Stories-Residences-Year Built1961Building Size-Lot Size0.17 AC / 7,527 SF
Payment Calculator
$11,220 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3935 West 108th Street
Property History for 3935 West 108th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3935 West 108th Street
Taxable ValueLand$1,224,000Additions$494,700Total$1,718,700
Tax Record2023$24,288 ($2,024 / month)
Home Facts
Total Finished SqFt4,717 SqFtAbove Grade Finished SqFt4,717 SqFtLot Size7,527 SqFtStyleQuadraplexYear Built1961ZoningINP1YYCountyLOS ANGELESAPN4032-024-016
Schools near 3935 West 108th Street
This home is within Inglewood Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Worthington Elementary School PublicK to 6 | ||
Monroe (Albert F.) Middle School Public6 to 8 | ||
Morningside High School Public9 to 12 | ||
Today's Fresh Start Charter School Inglewood CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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