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$5,199,000
19 Days Online

940 Larch Street
Inglewood, CA 90301

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Brice Head of CBRE, Inc. ?

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Call Now: 310-363-9871
Is this the home for you? We can help make it yours.
310-363-9871
940 Larch Street940 Larch Street940 Larch Street940 Larch Street
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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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Listing Snapshot
Price 
$5,199,000
Days Online 
19 Days
Bedrooms 
23
Inside Area (SqFt) 
12,665 sqft
Total Baths 
18
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4222 Acres
Year Built 
1959
MLS® Number 
24379261
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Parking 
Carport
Parking Spaces 
0
Number of Stories 
20
Acreage 
0.4222
Zoning 
INR3YY
Listing Conditions 
Standard
Interior Features
Cooling 
None
Heating 
Wall Furnace
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Community Features
Senior Community 
No
MLS Area 
102 - South Inglewood


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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