Irina Teilore

3944 W 111th Place, Inglewood, CA 90303

$999,000
  • 3944 W 111th Place, Inglewood, CA 90303 Main Photo

47 Total Photos [Click to View All]

New to the Market Active
BEDS3 BATHS1 full SQUARE FEET4,780 MLS#SB26074639
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLInglewood Unified

Listing Courtesy of: eXp Realty of California, Inc
Agency Phone: 310-798-1277
Associate Name: Edward Kaminsky
IDX logo


Listing Shown by: Farrell Smyth, Inc.
Associate Name: Irina Teilore


Property Description

A property that checks investor boxes and owner-user dreams tends to sound a little mythical? 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, youre looking at approximately an 8.1% cap rate with a GRM of 10.47?metrics that are virtually unheard of in this market. Three turnkey units?FULLY VACANT?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, youre 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 cameras?making turnkey truly mean something here. The outdoor space offers room to entertain, relax, and enjoy the SoCal weather, plus parking for 7?8 cars?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 this?with this level of income and upside?dont last. This might be the move that changes your real estate game.

3944 W 111th Place | MLS# SB26074639

This multi-family property located at 3944 W 111th Place, Inglewood, CA 90303 is currently listed for sale with an asking price of $999,000. W 111th Place is located within the Inglewood Unified school district. Search Inglewood real estate on irinat.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: WallWindowUnits
Heating: ForcedAir
Lot Size: 0.14 Acres
Stories: 1.0
Year Built: 1948

Amenities

CeilingFans
EatInKitchen
GraniteCounters
QuartzCounters
RecessedLighting
Storage
AllBedroomsDown
BedroomOnMainLevel

Feature Descriptions

Appliances: Dishwasher, GasRange, Microwave, Refrigerator, Dryer, Washer
Community Features: Curbs, Sidewalks
Days on Site: 1
Fireplace: None
Flooring: Laminate, Tile
Laundry: Inside, InKitchen, Outside, SeeRemarks, Stacked
Lot: Landscaped, Yard
Parcel#: 4033017009
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Concrete, Open, Patio
Sewer: PublicSewer
Spa: None
Special View Info: CityLights
Units: 4
Water: Public

Local Schools

School District: Inglewood Unified

Listed By / Shown By

Listed By

Agency Name: eXp Realty of California, Inc
Agency Phone: 310-798-1277
Agent Name: Edward Kaminsky

agent picture

Shown By

Agent Name: Irina Teilore
Agent Phone: (805) 439-2547 ext. 24
Agency Title: Farrell Smyth, Inc.

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,514.72 per month $2,223.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.38 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel