Multifamily Assemblage in
For Sale
$2,900,000
4322 W 106th, Inglewood, CA 90304
Eight-unit multifamily property with income and redevelopment potential.
Property Size6,698 SF
Lot Size1.19 Acres
Days on Market321
Property Features for 4322 W 106th
General Information
Standard status
Active
Size
6,698 SF
Lot size
1.19 Acres
Property subtype
Mixed Use
Building Details
Building Size
6,698 SF
Year Built
1909
Listing Agency:
Parham Khoshbakhtian, Broker
Listed By:
Parham Khoshbakhtian · License #01446947
(949) 929-5901
Source:
Velocityrealtysd
Added: Dec 1, 2025
Changed: Oct 5
Last Checked: Oct 16 at 5:22PM
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 Parham Khoshbakhtian, Broker
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Investment Insights
Based on property information with market context.
This eight-unit multifamily assemblage is situated on over 52,000 square feet of land in unincorporated Inglewood. A significant portion of the property is leased to the County of Los Angeles Sheriff’s Department. The property is fully income-producing, offering potential for increased rents. The residential component includes a mix of three-bedroom and one-bedroom units, many of which have been recently improved. The parking area, leased to the County, generates approximately $6,200 per month in additional income. Located near SoFi Stadium, the Intuit Dome, and Hollywood Park, the property may benefit from the ongoing revitalization of Inglewood’s entertainment corridor. This property offers a combination of current returns, income backed by a government entity, and land value.
Key Highlights
- Income‑producing asset with significant rental upside potential.
- Large portion leased to County of Los Angeles Sheriff’s Department, providing stable, government‑backed income.
- Located minutes from SoFi Stadium, Intuit Dome, and Hollywood Park.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,966
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,320
$1.7M
Cap Rate 7%
$1,185,229
$1.2M
Cap Rate 9%
$921,844
$921.8K
Market Conditions
NOI Build-Up for 6,698 SF
Gross rent
$151.9K $22.68/SF
− Vacancy
−$1.1K −$0.16/SF
EGI
$150.8K $22.52/SF
− OpEx
−$67.9K −$10.13/SF
NOI
$83.0K $12.39/SF
Area
Inglewood, CA
Vacancy
0.70%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,320
Cap Rate 7%
$1,185,229
Cap Rate 9%
$921,844
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.38M
NOI $82,966 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M
NOI $191,295 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 90304, CA
26,058
Population
7,673
Households
3.4
Avg Household Size
33
Median Age
14%
College-Educated
56%
High-School Grad
1.6 sq mi
ZIP Area
16,286
Density / Sq Mi
$63,317
Median Household Income
$31,385
Median Earnings
$1,499
Median Rent
$696,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily property with income and redevelopment potential.
Where is this apartment building located?
The property is located at 4322 W 106th Inglewood, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Income‑producing asset with significant rental upside potential.; Large portion leased to County of Los Angeles Sheriff’s Department, providing stable, government‑backed income.; Located minutes from SoFi Stadium, Intuit Dome, and Hollywood Park.
