3861 W 111th Place

    Inglewood, CA 90303
    • $949,000
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • ID#: SB18293209
    Under Contract
    $949,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,416
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Sound opportunity awaits! A four unit complex in the Inglewood market at the perfect moment in time for that savvy buyer out there. 2 bed, 1 bath each and includes a personal 1 car garage and 1 car uncovered parking spot. Located just 1.5 mile's away from the site of the upcoming La Rams/ Chargers Stadium and host to Super Bowl LVI in 2022. The area is undergoing a massive development project, estimated to cost over 4.5 billion dollars. Close access to the freeways which is appealing to most tenants. Current tenants have lived on the property for over 5 years. Don't drop the ball on this one because it's a Touchdown!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-01-23T00:30:36.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/90154291

    3861 W 111th Place Inglewood, CA 90303

    • Price: $949,000
    • Status: Active Under Contract
    • ID#: SB18293209
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    3,416
    SQFT
    $278
    $/SQFT
    1960
    Built
    Neighborhood:
    102 - South Inglewood
    County:
    Los Angeles
    Area:
    102 - South Inglewood
    Property Description
    Sound opportunity awaits! A four unit complex in the Inglewood market at the perfect moment in time for that savvy buyer out there. 2 bed, 1 bath each and includes a personal 1 car garage and 1 car uncovered parking spot. Located just 1.5 mile's away from the site of the upcoming La Rams/ Chargers Stadium and host to Super Bowl LVI in 2022. The area is undergoing a massive development project, estimated to cost over 4.5 billion dollars. Close access to the freeways which is appealing to most tenants. Current tenants have lived on the property for over 5 years. Don't drop the ball on this one because it's a Touchdown!
    Exterior Features

    Garage Spaces 4.00 Lot Features Level With StreetLot 10000-19999 SqftLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedGarage - Single Door Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 854 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas Dryer HookupWasher Hookup Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.10 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 63000.00 Gross Scheduled Income 63000.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 58200.00 New Construction YN No New Taxes Expense 11800.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 4800.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 15100.00 Trash Expense 900.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Inr2yy

    Listing provided courtesy of Sam Alkhazraji of Keller Williams Realty and Dallas Brock of Keller Williams Rlty/La Harbor


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-01-23T00:30:36.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731