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    1. Home
    2. Property for sale
    3. Inglewood, CA
    4. Property Details
    3944 W 111th Pl Inglewood, CA 90303  | Multi Family
    1 / 11

    $999,000

    3944 W 111th Pl Inglewood, CA 90303
    3
    Bedrooms
    4
    Bathrooms
    6,017
    sqft
    1948
    Year Built
    Multi Family
    Property Type
    offer icon

    Special Offer:

    (If you do not have an agent and work directly with the listing agent)

    No

    About This Home

    A property that checks investor boxes and owner-user dreams tends to sound a little mythicalAca?!A| until you realize this one is very real. From an investment standpoint, the numbers tell a compelling story: projected gross income of $95,400, and even after factoring in a conservative 15% expense ratio, youAca?!a?cre looking at approximately an 8.1% cap rate with a GRM of 10.47Aca?!a??metrics that are virtually unheard of in this market. Three turnkey unitsAca?!a??FULLY VACANTAca?!a??plus a 60% completed studio bonus unit already in progress, offering immediate income with additional upside. Positioned just eight blocks from SoFi Stadium and Intuit Dome, youAca?!a?cre right in the middle of year-round events, concerts, and energy. The setup is ideal for a savvy house hacker or investor. Live in one unit and let the others offset your payment. With a 2-bed/1-bath, 1-bed/1-bath, and a junior ADU already dialed in, the heavy lifting is done. Each unit includes its own washer/dryer, new windows, and efficient mini-splits for comfort and convenience. Major upgrades include a brand-new roof on the rear structure, replaced main sewer line with new concrete, updated electrical panel, EV charger, yard lighting, and security camerasAca?!a??making Aca?!A?turnkeyAca?!A? truly mean something here. The outdoor space offers room to entertain, relax, and enjoy the SoCal weather, plus parking for 7Aca?!a??8 carsAca?!a??a rare find in this area. Permits are already pulled for a potential fourth unit, creating even more upside. Between long-term rental income and Airbnb potential thanks to the stadium location, the flexibility here is unmatched. Smart strategy. Flexible living. Built-in opportunity. Opportunities like thisAca?!a??with this level of income and upsideAca?!a??donAca?!a?ct last. This might be the move that changes your real estate game.

    Location

    3944 W 111th Pl Inglewood, CA 90303

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    Listing Agent

    Ed Kaminsky

    Ed Kaminsky

    eXp Realty of California

    (274 reviews)
    Avg Price Sold$1.6M
    Years Experience39
    Total Transactions462