3737 W 111th Place
Inglewood, CA 90303
- – beds
- – baths
- – sqft
- 11,284 sqft lot
- 1960 build
- – on site
More homes
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!
Last checked:
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Last updated Dec 4, 2024
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MLS# 24408097 —
The Building
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Year Built:1960
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New Construction:No
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Building Area Total:3057.00
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Total Number Of Units:3
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# of Buildings:3
Interior
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Levels:One
Location
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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
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Latitude:33.93413700
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Longitude:-118.33864200
The Property
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Property Type:Residential Income
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Zoning:INR2YY
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Lot Size Area:11284.0000
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Lot Size Acres:0.2590
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Lot Size SqFt:11284.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4033014005
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway, Garage - Two Door
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Parking Spaces:7.00
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Garage Spaces:4.00
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Uncovered Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/23/24
Oct 23, 2024
|
BRIDGE | $1,200,000 | ||
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9/4/24
Sep 4, 2024
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BRIDGE | $1,200,000 | ||
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9/4/24
Sep 4, 2024
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Sold Subject To Contingencies | CRMLS_CA | $1,200,000 |
