115 N Oak Street Inglewood, CA ^$ 9,250,000

115 N Oak Street

^$ 9,250,000

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115 N Oak Street

Inglewood, CA, 90301

^$ 9,250,000

Bedrooms43 Baths7.0 Sq 23,228

Monthly Estimate*

^$ 64,614

Listed by Lyon Stahl Investment Real Estate, Inc.

115 N Oak Street, Inglewood, CA 90301 - Image 1

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115 N Oak Street, Inglewood, CA 90301 - Image 7

115 N Oak Street, Inglewood, CA 90301 - Image 8

115 N Oak Street, Inglewood, CA 90301 - Image 9

115 N Oak Street, Inglewood, CA 90301 - Image 10

115 N Oak Street, Inglewood, CA 90301 - Image 11

115 N Oak Street, Inglewood, CA 90301 - Image 12

115 N Oak Street, Inglewood, CA 90301 - Image 13

115 N Oak Street, Inglewood, CA 90301 - Image 14

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115 N Oak Street, Inglewood, CA 90301 - Image 16

Multi-Family Home for sale in Inglewood, CA

for $9,250,000 with 43 bedrooms and 7 full baths. This 23,228 square foot home was built in 1958 on a lot size of 0.7833.

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 12 ADUs (10 Attached and 2 Detached). The property will operate at an 8.00% CAP and 9.12 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*

Multi-Family Active

Price

^$ 9,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.7833

Year Built

1958

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB24069208

Days on Market

Features

General

Sewer PublicSewer

Zoning INR4*

Garage Spaces 0.0

Pool Features Community Fenced

Year Built 1958

Property SubType Apartment

Gross Income 723665.0

Community Features Urban Pool

County Los Angeles

Net Operating Income 469545.0

Operating Expense 232410.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Off Florence and La Cienega

City Inglewood

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 41

MLS Area 101 - North Inglewood

Lot Size Square Feet 34121.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Oak

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 14

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 14

Property Sub Type Additional Apartment

Expected Active Date 2024-04-17

Cap Rate 5.08

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 34121.0

Number of Buildings 1

Spa N

Building Area Total 23228.0

Lot Size Acres 0.7833

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 42

Number of Separate Electric Meters 42

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 115

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 425-9838

Phone

Affordability Calculator

$64,614

Per Month

Monthly Principal & Interest: $64,614
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Inglewood, CA

Average List Price ^$1,811,137

Percent of Sale Price 80%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$9,250,000		Listed Price

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115 N Oak Street, Inglewood, CA, 90301 is a Multi-Family Home for sale at $9,250,000 with 23,228 sqft and a lot size of 0.7833. 115 N Oak Street has 43 bedrooms, 7.0 baths, and was built in 1958. The property's zip code is 90301 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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115 N Oak Street

Multi-Family Home for sale in Inglewood, CA

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