940 LARCH ST Inglewood CA 90301-3951

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.

'Bigger' Inglewood bldg on a large lot.

The SoFi submarket is Inglewood's most dynamic.

Renovated lobby, newer windows, rehabbed units.

5% cap on current...6.5% cap over time.

Ease of operation, effective vacancy rate of 0+/-.