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Three-House Multifamily Property
For Sale
$1,050,000

4846 W 111th Pl, Inglewood, CA 90304

Three separate homes share a large lot with individual parking, laundry hookups, and enclosed garage space.

Property Size2,301 SF
Days on Market8

Property Features for 4846 W 111th Pl

General Information

Standard status Active
Size 2,301 SF
Property subtype Investment

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Building Details

Building Size 2,301 SF
Year Built 1922
Buildings 3
Stories 1
Units 3
Listing Agency: The Real Estate Group
Listed By: Rita DeBolt
Source: Elliman
Added: Aug 26 Changed: Sep 2 Last Checked: Sep 1 at 7:45PM

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 The Real Estate Group

Investment Insights

Based on property information with market context.

This multifamily property comprises three separate homes on a large lot, with each residence offering 3 bedrooms and 2 baths. Unit 4848 has been remodeled with updated kitchen cabinetry, new appliances, fresh paint, laminate wood plank flooring, and washer/dryer hookups. The other two homes are occupied by long-term tenants, and all three residences include laundry hookups.

The property provides substantial outdoor and parking areas, including a yard and rear patio at the front home, a small pet-friendly yard at Unit 4848, parking for each home, and two enclosed garages. Located at 4846 W 111th Pl in Inglewood, the property is one block from a middle school and has a 91 Walk Score, 61 Bike Score, and 53 Transit Score. Built in 1922, it is being offered as-is.

Key Highlights

  • Three separate homes, each with 3 bedrooms and 2 baths
  • Large lot with parking for each residence
  • Unit 4848 remodeled with newer cabinets, appliances, fresh paint, and laminate wood plank flooring

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three separate homes share a large lot with individual parking, laundry hookups, and enclosed garage space.
Where is this multifamily property located?
The property is located at 4846 W 111th Pl Inglewood, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three separate homes, each with 3 bedrooms and 2 baths; Large lot with parking for each residence; Unit 4848 remodeled with newer cabinets, appliances, fresh paint, and laminate wood plank flooring
More about this property
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