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$999,995
Est. payment /mo
9 Beds
4 Baths
3,174 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,174 sqft
Price per Sqft $315
MLS Listing ID 25626297
Bedrooms 9
HOA Y/N No
Year Built 1961
Property Description
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 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.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INR2YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4033007020
Special Listing Condition Standard
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Listed by Marcus & Millichap
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