3737 W 111th Place

Inglewood, CA 90303

  • 7 Bed(s)
  • 0 Bath(s)
  • 3,057 Sqft
  • 11284
    Sqft(Lot)
$1,200,000

Description

Welcome to 3737 w 111th place ... a unique offering perfect for a wide range of clientele. this triplex is made up of three individual houses on an oversized 11,000+ sqft lot and offers two separate two car garages plus tons of yard space. for an owner-user you're looking at a dream 3bd/2ba house at an astonishing price tag of just $400,000 plus an additional two homes in the back which can house family members or be rented out for additional income. getting any single family residence for less than $600,000 is almost unheard of 10 minutes from the beach so maybe grab two friends and go in on this one together for the deal of a lifetime at $400,000 per door! for the savvy investor this property features major upside potential of 54% in a rapidly gentrifying inglewood market. you can either look to vacate tenants and fully redevelop four new units or renovate existing units, match market rents, and potentially add two adus. with a growing economy in the area and significant income growth prospects, this property is perfect for investors looking to expand their portfolio or a developer looking to capitalize on the large lot size. conveniently placed near the 105 and 405 freeways gives owners or tenants easy access to downtown los angeles, lax, or to the beautiful socal beaches just 10 minutes away. don't miss out on this opportunity, the buyer pool is just too large for this deal to last very long ... give us a call today!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46190737

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 0
    • Half Baths: 0

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1960
    • Building Area Total: 3,057

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.259
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 11284

  • Listing Price Information

    • Original List Price: 1,200,000
    • Listing Contract Date: 2024-06-25

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4033014005

  • Garage and Parking

    • Garage Description: Door-Multi,Driveway,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: 102 - South Inglewood
    • Directions: Heading West on I-105 Freeway, Take The Exit Onto Praire Avenue, Stay In The Second Left Turning Lane From Left And Turn Left On S Praire Ave Then Make A Quick Right-Hand Turn Onto W 111th Pl, In .3 mi. The Destination Is On Your Left. Heading East On I-105, Take The Same Exit Towards Praire Avenue And Follow The Same Directions As Above
    • Zoning: INR2YY
    • Source Property Type: Residential Income
    • Area: 102 - South Inglewood

    Building and Construction

    • Property Age: 64
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 3057
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 11/03/2024 @ 07:59

  • MLS: 24408097
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is recently sold, it has 3,057 sqft, 11,284 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Inglewood , in zip code 90303, this Los Angeles County Home are nearby neighborhoods.