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115 N Oak ST Inglewood, CA 90301
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Key Details
Sold Price $8,750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB24069208
Sold Date 06/13/24
Originating Board California Regional MLS
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
Interior
Laundry Community Facility
Exterior
Garage Spaces 41.0
Pool Pool - Fenced, Community Facility
Building
Water District - Public
Others
Tax ID 4018009016
Special Listing Condition Not Applicable
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Bought with Peter Bledsoe