3737 W 111th Place, Inglewood, CA 90303

  • $1,200,000
  • $393
3737 W 111th Place, Inglewood, CA 90303
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 4
  • Bathrooms
  • 4.00
  • Garages
  • 3057.00
  • 1960
  • Year Built
For Sale
3737 W 111th Place, Inglewood, CA 90303
  • $1,200,000
  • $393

Overview

Property ID: SGR-33138327
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 4
  • Bathrooms
  • 4.00
  • Garages
  • 3057.00
  • 1960
  • Year Built

Description

Welcome to 3737 W 111th Place … a unique offering perfect for a wide range of clientele. This triplex is made up of three individual houses on an oversized 11,000+ sqft lot and offers two separate two car garages plus tons of yard space. For an owner-user you’re looking at a dream 3bd/2ba house at an astonishing price tag of just $400,000 plus an additional two homes in the back which can house family members or be rented out for additional income. Getting any single family residence for less than $600,000 is almost unheard of 10 minutes from the beach so maybe grab two friends and go in on this one together for the deal of a lifetime at $400,000 per door! For the savvy investor this property features major upside potential of 54% in a rapidly gentrifying Inglewood market. You can either look to vacate tenants and fully redevelop four new units or renovate existing units, match market rents, and potentially add two ADUs. With a growing economy in the area and significant income growth prospects, this property is perfect for investors looking to expand their portfolio or a developer looking to capitalize on the large lot size. Conveniently placed near the 105 and 405 freeways gives owners or tenants easy access to downtown Los Angeles, LAX, or to the beautiful SoCal Beaches just 10 minutes away. Don’t miss out on this opportunity, the buyer pool is just too large for this deal to last very long … Give us a call today!

  • Address 3737 W 111th Place
  • City Inglewood
  • State/county CA
  • Zip/Postal Code 90303
  • Area 102 - South Inglewood
  • Country United States

Details

Updated on June 28, 2024 at 8:00 am
  • Property ID: SGR-33138327
  • Price: $1,200,000
  • Property Size: 3057.00 m²
  • Land Area: 11284.00 m²
  • Bedrooms: 7
  • Bathrooms: 4
  • Garages: 4.00
  • Year Built: 1960
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3057.00
  • MLS#: 24408097
  • Office Name: LYON STAHL INVESTMENT REAL ESTATE, INC.
  • Agent Name: John McCann
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01963932

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 7.00

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