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Three-Unit Multifamily Property

3421 W 109th St, Inglewood, CA 90303

For Sale
$1,300,000
Pending

Residential Income, Traditional, Inglewood, CA

Property Size3,869 SF
Lot Size0.21 Acres
Days on Market65

Property Features for 3421 W 109th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning INR2YY
Bedrooms 7
Bathrooms 5
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 5
Parking features Assigned, Garage - Attached
Directions 405 Fwy to Manchester Blvd E, R on Prairie Ave, L on W 109th St. From SoFi Stadium, S on Prairie Ave, L on W 109th St.
Subdivision South Inglewood
Standard status Pending
APN 4031-002-003
Size 3,869 SF
Lot size 0.21 Acres

Utilities

Heating system Central

Building Details

Year built 1962
Number of units 3
Architectural style Other
Listing Agency: Equity Union
Listed By: Letitia Jones-Diloretto · License CA #01724595
Added: Sep 7 Changed: Oct 30 Last Checked: Nov 10 at 3:06AM
MLS# 26988529

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This three-unit multifamily property contains 3,869 square feet on a 0.2074-acre parcel. The 1962 building includes seven bedrooms and five bathrooms, with central heating, an attached garage, and assigned parking. The property is classified under INR2YY zoning.

Located at 3421 W 109th St in Inglewood, California 90303, the asset sits in Los Angeles County. Its residential configuration and existing parking improvements provide a defined physical layout for multifamily ownership.

Key Highlights

  • Triplex with 3,869 square feet of building area
  • Seven bedrooms and five bathrooms
  • 0.2074‑acre lot in Inglewood, CA

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,885
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,700 $1.1M
Cap Rate 7%
$784,071 $784.1K
Cap Rate 9%
$609,833 $609.8K
Market Conditions
NOI Build-Up for 3,869 SF
Gross rent
$78.9K $20.40/SF
− Vacancy
−$521 −$0.13/SF
EGI
$78.4K $20.27/SF
− OpEx
−$23.5K −$6.08/SF
NOI
$54.9K $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%
$1,097,700
Cap Rate 7%
$784,071
Cap Rate 9%
$609,833

Alternative Uses

Best Use
Multifamily LT 5
$784.1K
$686.1K – $914.8K (±1% cap)
NOI $54,885 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$684.6K
$599.1K – $798.7K (±1% cap)
NOI $47,924 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,499 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Triplexes in Inglewood

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Central heating, attached garage parking, and assigned spaces serve this established residential income property.
Where is this triplex located?
The property is located at 3421 W 109th St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Triplex with 3,869 square feet of building area; Seven bedrooms and five bathrooms; 0.2074‑acre lot in Inglewood, CA
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