115 N Oak St | Inglewood, CA 90301
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- LoopNet Team
115 N Oak St
Inglewood, CA 90301
Multifamily Property For Sale
·
41 Units
Investment Highlights
- Pride of ownership 41-unit priced at only $225k/unit
- Will operate at an 7.72% CAP and 9.31 GRM once ADUs are built
- ~50% of the units have been renovated
- Add major value by building 10 ADUs (5 2+2's and 5 1+1's)
- Unit mix of (1) 2Bed+1Bath, (27) 1Bed+1Bath and (13) Studio+1Bath units
- 1:1 tuck under gated parking
Property Facts
| No. Units | 41 | Building Size | 23,228 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | B | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 0.78 AC | ||
| Zoning | R4, Inglewood | ||
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.78 AC |
| Building Size | 23,228 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | R4, Inglewood |
Amenities
Unit Amenities
- Disposal
- Storage Space
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 27 | - | - |
| Studios | 13 | - | - |
Property Taxes
| Parcel Number | 4018-009-016 | Improvements Assessment | $2,805,000 |
| Land Assessment | $6,120,000 | Total Assessment | $8,925,000 |
Property Taxes
Parcel Number
4018-009-016
Land Assessment
$6,120,000
Improvements Assessment
$2,805,000
Total Assessment
$8,925,000
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