Duplex with
For Sale
$974,000
3202 W 111th St, Inglewood, CA 90303
A flexible layout includes a separate room adjoining the garage and outdoor space with both lawn and paved areas.
Property Size2,066 SF
Lot Size0.19 Acres
Price / SF$471.44
Days on Market259
Property Features for 3202 W 111th St
General Information
Standard status
Active
Size
2,066 SF
Lot size
0.19 Acres
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Lockhaven
Additional Details
Multifamily Units
2
Building Details
Building Size
2,066 SF
Year Built
1953
Listing Agency:
Compass
Listed By:
Ronald G Jackson · License #01363276
(310) 748-5959
Source:
Eliterepresentation
Added: Feb 11
Changed: Oct 27
Last Checked: Oct 26 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This 1953 duplex contains 2,066 square feet of living area and two bathrooms. Its interior includes bedrooms, a large living room, and an additional room connected to the garage, which can accommodate a range of functions. The property occupies an 8,128-square-foot lot with a backyard divided between grassy and concrete areas.
The Inglewood address places the property near SoFi Stadium and Intuit Dome.
The Inglewood address places the property near SoFi Stadium and Intuit Dome.
Key Highlights
- 2,066 square feet of living area
- 8,128‑square‑foot lot
- Built in 1953
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,308
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,160
$586.2K
Cap Rate 7%
$418,686
$418.7K
Cap Rate 9%
$325,644
$325.6K
Market Conditions
NOI Build-Up for 2,066 SF
Gross rent
$42.1K $20.40/SF
− Vacancy
−$278 −$0.13/SF
EGI
$41.9K $20.27/SF
− OpEx
−$12.6K −$6.08/SF
NOI
$29.3K $14.19/SF
Area
Inglewood, CA
Vacancy
0.66%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,160
Cap Rate 7%
$418,686
Cap Rate 9%
$325,644
Alternative Uses
Best Use
Multifamily LT 5
$418.7K
$366.4K – $488.5K
NOI $29,308 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$365.6K
$319.9K – $426.5K
NOI $25,591 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$842.9K
$737.6K – $983.4K
NOI $59,005 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
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Business Placement
Demographics for 90303, CA
24,490
Population
7,354
Households
3.3
Avg Household Size
35
Median Age
18%
College-Educated
73%
High-School Grad
1.9 sq mi
ZIP Area
12,889
Density / Sq Mi
$70,853
Median Household Income
$36,292
Median Earnings
$1,709
Median Rent
$764,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A flexible layout includes a separate room adjoining the garage and outdoor space with both lawn and paved areas.
Where is this duplex located?
The property is located at 3202 W 111th St Inglewood, CA.
What is the asking price?
The asking price for this property is $974,000.
What are key features of this property?
This property features: 2,066 square feet of living area; 8,128‑square‑foot lot; Built in 1953
