$5,199,000
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940 Larch Street Inglewood, CA 90301
Cluster
Residence
23
Beds
18
Baths
...
Bed/Bath
12,665
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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A value-add, 18 unit investment in a location 'on the come'.... in the shadow SoFi Stadium, America's highest grossing concert venue in 2023. Grossing $175MM and also employing 2,600 event day employees. SoFi is next door to the West Coast Headquarters of the NFL - 1,000 local employees and $20B in ...2023 revenue. Next to that, the YouTube Theater - and The Forum, 5 minutes to the North and the new, $2B Intuit Dome, 5 minutes to the South. Lastly, the subject property is a block from Centinela Hospital, with 1,332 employees. Forgot to mention, the 57,000 badge holders at LAX, nearby, as well. The building has a secured-access, renovated lobby, leading to a landscaped courtyard. In addition, there are newer windows throughout. Secured-access, carport parking, in rear. Thirteen 1s, Five 2s, 13K sq. ft. on a massive, 18K+ footprint. 5% cap from the jump. The building is a 'No Brainer' operationally and affords you a path toward a 6.5% market cap rate. EXCLUSIVELY LISTED AT $5,199,000.
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MLS#
24379261
Property Type
Cluster
Bedrooms
23
Bathrooms
Year Built
1959
Square Feet
12,665
sq. ft
Lot Size
0.42
Stories
2.0
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