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$ 980,000
Est. payment /mo
Active
4341 W 106th Street Inglewood, CA 90304
9 Beds
4 Baths
2,104 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $465
MLS Listing ID CL25607427
Bedrooms 9
Full Baths 4
HOA Y/N No
Year Built 1941
Lot Size 6,043 Sqft
Acres 0.1387
Property Sub-Type Single Family Residence
Property Description
Income-producing opportunity in unincorporated Lennox/Inglewood 90304 zip code. Current Income (rooms only): $56,400/yr, Pro Forma Income (incl. front unit): $80,400/yr, and 17.37GRM (Pro Forma) = 12.18 GRM. Pro Forma NOI: $80,400 65% = $52,260, Cap Rate (Pro Forma): ~5.3%. This 2,104 sq.ft. SFR on a 6,043 sq.ft. R3-zoned lot has been configured with multiple rentable rooms to generate diversified monthly income. Per visual observation, the property includes 9 bedrooms (public records show 5 beds/4 baths). Several rooms are currently rented with monthly income of $680, $500, $650, $620, $700, $800, and $750. The front portion of the home features a 2-bedroom / 1-bath layout with kitchen and living room, offering additional rental potential with an estimated market rate of approx. $2,000/mo (buyer to verify). Recent upgrades include a 2022 permitted 646 sq.ft. addition, 200-amp electrical panel, tankless water heater, multiple rear storage structures, and a long driveway providing on-site parking. R3 zoning may allow for expansion or ADU development (buyer to confirm with county). Conveniently located near major employment hubs and transportation corridors. These figures reflect potential upside through full utilization of the front unit, optimizing room rents, and exploring lot/d
Location
State CA
County Los Angeles
Zoning LCR3
Interior
Interior Features Den
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Pool None
View Y/N false
View None
Total Parking Spaces 1
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One Story
New Construction No
Others
Tax ID 4034024008
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Listed by Johan Cisneros • Pacific Properties Realty Group