3944 W 111th PL Inglewood, CA 90303
6,015 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26076441
HOA Y/N No
Year Built 1948
Lot Size 6,015 Sqft
Property Sub-Type Triplex
Property Description
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, you're 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, you're 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—don't last. This might be the move that changes your real estate game.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INP1YY
Rooms
Other Rooms Storage
Interior
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, All Bedrooms Down, Bedroom on Main Level
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Laundry Inside, In Kitchen, Outside, See Remarks, Stacked
Exterior
Parking Features Driveway
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View City Lights
Total Parking Spaces 7
Private Pool No
Building
Lot Description Landscaped, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Storage
New Construction No
Others
Senior Community No
Tax ID 4033017009
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
