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Millman Team Real Estate

$6,375,000
39 Bed
42 Bath
23,555 Sqft
0.70 Acre Lot

3835 W 104th Street, Inglewood, California 90303

  • Residential Income Property Type
  • 23,555 Sqft Square Footage
  • Carport Cars Garage
  • 1961 Year Built
Property Description

This 28 unit apartment community is comprised of 23, 555 square feet and situated on a 30, 338 square foot parcel. The unit is mix consists of 4 x Studios, 10 x One Bedroom/One Bath, 13 x Two Bedroom/One and Three-Quarter Bath, and 1 x Three Bedroom/Two Bath. Each apartment is individually metered for gas and electric. Some of the first floor apartments have patios, and the second floor apartments have balconies. The property has a central water heating system. Laundry machines are leased. ADU potential exists in the rear of the property above the carports; buyer to do their own due diligence with the city. The current debt of $4, 059, 115 can be assumed. The interest rate of 3.49% is fixed until May 1, 2027, yielding a healthy 8+% year one cash-on-cash return based on a 36% down payment. With 1% adjustments every six months, an investor can enjoy two years of a well below market interest rate, before refinancing into longer term debt. Inglewood is rapidly evolving, with billions of dollars of private capital invested nearby, and Inglewood Palms is located right at the center of progress and growth. Intuit Dome is located around the corner, and nearby retail amenities include The Shops at Hollywood Park, Cosm, Costco, Target, Home Depot, and In-N-Out Burger. The property has easy freeway access to I-105 and I-405 with major employment drivers. SOFI Stadium, The Forum and You Tube Theater are within a five minute drive. SoFi Stadium is representing Los Angeles at this summer’s 2026 FIFA World Cup. Next year Super Bowl LXI will be played at SoFi. And in 2028, SoFi Stadium and Intuit Dome will be one of the central venues for the Los Angeles Summer Olympics cementing Inglewood’s legacy as a world class sports and entertainment destination. The offering represents a value-add opportunity for an investor to capture consistent rent growth and long term appreciation due to its pivotal path of progress location.

Basic Details
Residential Income
For Sale
26674097
$6,375,000
39
42
23,555 Sqft
1961
0.70 Acre
Active
Features
: Wall Furnace
: None
: Carport
: Laundry Room
$0
Address Map
CA
Los Angeles
Inglewood
90303
104th
3835
Street
W119° 39' 32.4''
N33° 56' 32.8''
From Prairie Ave head east on W 104th St.
102 - South Inglewood
W
INM1L*
Additional Information
$0
$0
$0
$0
$0
23555
: Two
28
2026-04-04
6600000
2
2
Broker/Agent Information
Robert Leveen
Robert Leveen
Listing Information
CLW-X91773
CLW-X83047
Active
2026-05-30T01:33:14Z
CRMLS
: Standard
2026-04-12T00:00:00Z
Agent info
Ray Millman
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