Inglewood, CA 90304,4256 W 106th Street
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Inglewood, CA 90304,4256 W 106th Street
Inglewood, CA 90304,4256 W 106th Street
Inglewood, CA 90304,4256 W 106th Street
Inglewood, CA 90304,4256 W 106th Street
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4256 W 106th Street Inglewood, CA 90304

4,195 SqFt


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Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,195 sqft

Price per Sqft $262

MLS Listing ID CRSB25158792

HOA Y/N No

Year Built 1957

Lot Size 0.293 Acres

Acres 0.29

Property Sub-Type Other

Property Description

ANOTHER GREAT PRICE REDUCTION!! Presenting a rare opportunity to own in the rapidly evolving Lennox/Inglewood area with about 40% in rental upside potential. This versatile property offers remarkable flexibility, value, and potential for an investors seeking to capitalize on the vibrant local real estate boom occurring near SoFi Stadium. This Lennox/Inglewood property features three buildings on a 12,770 sq. ft. R-2 lot: one 3 bed/1.5 bath house and two duplexes, each unit with its own garage between the unit, which creates the feel of a separate house. The property needs upgrades but offers approximately 40% rental upside - potentially improving from a 11.03 GRM and 5.6% cap rate to an 7.76 GRM and 9.17% Cap with CAP RATE HIGHER than the GRM Front unit has a small front yard. while 3 bedroom house in back includes a backyard. Central air & heat, double pane windows, sound proof doors- improved by City. Front 2 units had a new roof put on in 2023

Location

State CA

County Los Angeles

Zoning LCR2

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Level, Other, Back Yard, Front Yard

New Construction No

Others

Tax ID 4034031040


Bridge MLS
Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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4256 W 106th Street