3944 111th Place, Inglewood, CA 90303

Inglewood
Local realty services provided by:ERA Excel Realty
3944 111th Place,Inglewood, CA 90303
$999,000
  • 3 Beds
  • 4 Baths
  • 4,780 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Apr 11
    01:00 pm - 04:00 pm
  • Sun, Apr 12
    01:00 pm - 04:00 pm
Listed by: edward kaminsky
Office: exp realty of california, inc
MLS#:SB26074639
Source:CAREIL

Price summary

  • Price:$999,000
  • Price per sq. ft.:$209

About this home

A property that checks investor boxes and owner-user dreams tends to sound a little mythical… until you realize this one is very real. From an investment standpoint, the numbers tell a compelling story: projected gross income of $95,400, and even after factoring in a conservative 15% expense ratio, you’re looking at approximately an 8.1% cap rate with a GRM of 10.47—metrics that are virtually unheard of in this market. Three turnkey units—FULLY VACANT—plus a 60% completed studio bonus unit already in progress, offering immediate income with additional upside. Positioned just eight blocks from SoFi Stadium and Intuit Dome, you’re right in the middle of year-round events, concerts, and energy. The setup is ideal for a savvy house hacker or investor. Live in one unit and let the others offset your payment. With a 2-bed/1-bath, 1-bed/1-bath, and a junior ADU already dialed in, the heavy lifting is done. Each unit includes its own washer/dryer, new windows, and efficient...

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Home facts

  • Year built:1948
  • Listing ID #:SB26074639
  • Added:1 day(s) ago
  • Updated:April 10, 2026 at 01:09 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate
  • Dining Description:Dining Area in Living Room, In Kitchen
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Bedroom Description:Ground Floor Bedroom
  • Living area:4,780 sq. ft.

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Central Forced Air

Structure and exterior

  • Year built:1948
  • Building area:4,780 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Mid Block
  • Exterior Features:Balcony/Patio, Patio
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$209

Features and amenities

  • Laundry features:Dryer, In Kitchen, Stacked Only, Washer
  • Amenities:Ceiling Fan(s)

Parking

  • Parking description:Other
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