Sold

3856 W 111th Place

Inglewood CA, 90303

$1,195,000


$385.48 per sqft

Sold

3,100 sqft

Multi-family

Built in 1921

Listed by Jamie Cabrera Giron with Berkshire Hathaway HSCP 310-755-6460

Welcome to this exceptional income property offering two spacious units, perfect for investors seeking a lucrative opportunity. Located in a highly sought-after area of Inglewood, this property boasts an excellent location near LAX airport, beautiful beaches, and the newly constructed SoFi stadium, promising increasing value in coming years.
**Key features**
** Unit 1:** Three bedrooms, two well-appointed bathrooms, convenient washer and dryer hook-ups within the unit. All in one level for easy accessibility.
**Unit 2:** Another generously sized three bedroom unit, two and a half bathrooms, including master en suite. A dedicated laundry room within the unit for added convenience. Two-story layout
**Garage and Parking:** Two separate garages each accommodating two cars, providing secure parking for you and/or your tenants. A long driveway perfect for guest or extra rental income.
**Location:** Situated in a highly desirable area of Inglewood, known for its rising property values. Close proximity to LAX airport, making it convenient for travelers. Enjoy the nearby stunning beaches and coastal attractions. Benefit from the new SoFi stadium which promises to further boost property values in the area. Easy access to major highways, public transportation, and a range of near by shopping centers.
This income property represents an excellent investment opportunity with two units and the potential for strong rental income. Whether you're an investor or looking into entering the real estate market, this property offers the potential for long-term growth and financial stability.
Don't miss out on the chance to own a piece of Inglewood's promising future!

SB23024853

MLS ID

February 11, 2023

Listed

March 23, 2024

Updated

Map

3856 W 111th Place
Inglewood CA, 90303

Interior Features

Total Stories

1


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Front Yard


Sewer

Public Sewer

Other Property Details

Area Name

102 - South Inglewood


Days on Market

245


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

INR2YY


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

12/4/2023

Price Change

$1,195,000

-5%

12/4/2023

Sold

$1,195,000

10/17/2023

Under Contract

6/8/2023

Price Change

$1,250,000

-4%

Listing Contact: 310-755-6460 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:30 AM UTC

 

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