Triplex with Newer Dual-Pane
New
For Sale
$895,000
3818 W 111TH Pl, Inglewood, CA 90303
Family-owned triplex with newer dual-paned windows, newer roofs, and three one-car garages.
Days on Market3
Property Features for 3818 W 111TH Pl
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Investment
Additional Details
Gross Rent Multiplier
12
Highway Access
Yes
Amenities
granite countertops
tile flooring
recessed lighting
appliances
eat-in kitchen
laundry hook-ups
ceiling fans
Building Details
Building Size
2,350 SF
Year Built
1961
Tenancy
Multi
Listing Agency:
(310) 378-7747
Listed By:
Christine Ballesteros · License #813378
(310) 378-7747
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 7:32AM
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 Christine Ballesteros
Investment Insights
Based on property information with market context.
This family-owned triplex offers three separate two-bedroom, one-bath units and a mix of updates. The front and back units feature newer dual-paned windows, and all three units have newer roofs. The rear 2 Bed 1 Bath unit is ready to move in and includes granite countertops, tile flooring, recessed lighting, appliances, an eat-in kitchen area, and laundry hook-ups, along with new ceiling fans. The back unit also has a yard that completely surrounds it on all sides. Exterior paint has been recently refreshed, and all three units have a one-car garage, with the rear unit offering two plus extra parking spots.
The property is located near SoFi Stadium, about 1 mile away, and is approximately 4 miles from the beach. It also provides easy access to the freeways, with Downtown and LAX about 5 miles away. The setup supports rent-increase potential.
Built in 1961, this triplex is well-positioned for owner-occupancy or investment use.
The property is located near SoFi Stadium, about 1 mile away, and is approximately 4 miles from the beach. It also provides easy access to the freeways, with Downtown and LAX about 5 miles away. The setup supports rent-increase potential.
Built in 1961, this triplex is well-positioned for owner-occupancy or investment use.
Key Highlights
- Newer dual‑paned windows in the front and back units
- Newer roofs on all three units
- Rear 2 bed 1 bath ready to move in with granite, tile, recessed lighting, appliances, eat‑in kitchen
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.9k | $20.40 |
| − Vacancy | −$316 | −$0.13 |
| EGI | $47.6k | $20.27 |
| − OpEx | −$14.3k | −$6.08 |
| NOI | $33.3k | $14.19 |
2,350 SF · lease $20.40/SF/yr · vacancy 0.66% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$476.2K
$416.7K – $555.6K
NOI $33,337 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$415.8K
$363.9K – $485.2K
NOI $29,109 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$958.8K
$839.0K – $1.12M
NOI $67,116 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Family-owned triplex with newer dual-paned windows, newer roofs, and three one-car garages.
Where is this triplex located?
The property is located at 3818 W 111TH Pl Inglewood, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Newer dual‑paned windows in the front and back units; Newer roofs on all three units; Rear 2 bed 1 bath ready to move in with granite, tile, recessed lighting, appliances, eat‑in kitchen
