Property listed by Marcus & Millichap, 818-212-2700
$999,995
We are pleased to present 3847 W. 110th Street, a four-unit multifamily investment opportunity located in Inglewood. This true value-add investment offers investors the opportunity to capture almost 90% in rental upside along with the potential to add multiple ADUs by converting the stand-alone garage units or constructing a new… Read More structure in place of the existing garage structures (Buyer to verify). With strong potential income, historically low vacancy rate in the area, and excellent long-term fundamentals, the property presents a compelling opportunity for yield seeking investors and equity growth investors alike. Originally constructed in 1961, the property spans 3,940 square feet of livable space and consists of three separate living structures which include a 3-bedroom /2-bathroom house, a 2-bedroom/1-bathroom bungalow, and a duplex in the rear of the property with two 2-bedroom/1-bathroom units. The property is individually metered for electricity and gas and there are two stand-alone 2-car garages. Situated less than a mile south of SoFi Stadium and the Intuit Dome, 3847 W. 110th is just four blocks from the nearest on- and off-ramps to the 105 Freeway, providing excellent regional access to West Los Angeles, Downtown Los Angeles, LAX, and the South Bay. With high rental demand and a shortage of housing options, the asset is ideally positioned to deliver both near-term and long-term returns. Read Less
Listing Snapshot
Days Online
1
Last Updated
Beds
9
Square Ft.
3,174
Lot Size
0.28 Acres
Year Built
1961
MLS Number
25626297
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1961, Living area: 3174.0, 3 buildings, Levels: One
Cooling
None
Heating
WallFurnace
Income
Gross Income: $70,092, Net Operating Income: $40,898
Lot
0.2762 acres
Taxes
Parcel Number: 4033007020, Zoning: INR2YY
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
