42
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$1,145,000
Est. payment /mo
3 Beds
4 Baths
Price Dropped by $20K
3751 W 106th Street Inglewood, CA 90303
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25166123
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
Calling all investors! This is a unique investment opportunity in one of LAs fastest-growing markets. Only minutes from SoFi Stadium, the Intuit Dome, and other major attractions, this triplex boasts a front house, two studio units, and two nonconforming units. The front house is 3 bedroom, 2 bathrooms with market rent at $3,800/month; each studio is 0 bed, 1 bathroom with market rent at $1,200month each; the non-permitted studio spaces are $750/month each. In total the property yields $7,700/month, not including the income from the nonconforming units. Additional potential lays ahead with ability to monetize parking during games and events locally. With a 7.5% cap rate, this is nearly unheard of in Southern Californiaespecially in a location set to benefit from the 2028 Olympics. Whether youre aiming for long-term tenants or exploring short-term rental options, the possibilities are endless.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From The I-105 Driving West Take Exit 3 Towards Prairie Avenue Drive North Up Prairie Ave And Take A Right On W 106th St. Proper
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 4032014024
Listed by James Becker Luxury 1 Agency