Turnkey Multifamily with Bonus
3944 W 111th Inglewood, CA 90303
For Sale
$999,999
MULTI_FAMILY - Inglewood, CA
Lot Size0.14 Acres
Days on Market50
Property Features for 3944 W 111th
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Laundry Room
Parking
8
Standard status
Active
APN
4033017009
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Ductless (Heating)
Cooling system
Ductless
Water source
Public
Building Details
Year built
1948
Floors in Building
1
Number of units
2
Flooring type
Laminate
Roof type
Asphalt
Listing Agency:
REAL BROKERAGE TECHNOLOGIES
(619) 663-8680
Listed By:
Cody Reiter · License #01974217
(909) 525-8977
Added: Jun 8
Changed: Jul 21
Last Checked: Jul 27 at 2:06PM
MLS# CV26124061
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Investment Insights
Based on property information with market context.
This turnkey multifamily property includes three fully vacant units and an additional studio bonus unit that is approximately 60% complete. The existing unit mix consists of a 2-bed/1-bath, a 1-bed/1-bath, and a junior ADU. Each unit features its own washer/dryer, new windows, and efficient mini-splits.
Reported improvements include a brand-new roof on the rear structure, a replaced main sewer line with new concrete, an updated electrical panel, and exterior upgrades such as an EV charger, yard lighting, and security cameras. The outdoor space provides room for everyday use, with parking for approximately 7–8 cars as described in the remarks.
The property is positioned about eight blocks from SoFi Stadium and Intuit Dome, aligning with year-round events. Permits are also noted as already pulled for a potential fourth unit. In the provided remarks, projected gross income is $95,400 with a conservative 15% expense ratio, targeting an approximately 8.1% cap rate and a GRM of 10.47.
Reported improvements include a brand-new roof on the rear structure, a replaced main sewer line with new concrete, an updated electrical panel, and exterior upgrades such as an EV charger, yard lighting, and security cameras. The outdoor space provides room for everyday use, with parking for approximately 7–8 cars as described in the remarks.
The property is positioned about eight blocks from SoFi Stadium and Intuit Dome, aligning with year-round events. Permits are also noted as already pulled for a potential fourth unit. In the provided remarks, projected gross income is $95,400 with a conservative 15% expense ratio, targeting an approximately 8.1% cap rate and a GRM of 10.47.
Key Highlights
- Projected gross income of $95,400; after a 15% expense ratio, approximately an 8.1% cap rate and a 10.47 GRM
- 3 fully vacant turnkey units plus a 60% completed studio bonus unit already in progress for immediate income
- Unit mix includes a 2‑bed/1‑bath, 1‑bed/1‑bath, and a junior ADU; each unit has its own washer/dryer, new windows, and mini‑splits
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Three fully vacant units plus a 60% completed studio bonus unit are part of this turnkey multifamily setup.
Where is this duplex located?
The property is located at 3944 W 111th Inglewood, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Projected gross income of $95,400; after a 15% expense ratio, approximately an 8.1% cap rate and a 10.47 GRM; 3 fully vacant turnkey units plus a 60% completed studio bonus unit already in progress for immediate income; Unit mix includes a 2‑bed/1‑bath, 1‑bed/1‑bath, and a junior ADU; each unit has its own washer/dryer, new windows, and mini‑splits
