4236 W 106th Street
Inglewood, CA 90304
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1962 build
- – on site
4236 W 106th Street presents a rare opportunity to acquire a 6-unit property spread across three large duplexes on a massive 19,312 SF R-2 zoned lot in Lennox. This value-add asset offers an ideal unit mix of five 3-bedroom/2-bath units and one 2-bedroom/1-bath unit, appealing to families and long-term renters seeking space and functionality. Each unit includes its own washer and dryer hookups, as well as a 1-car garage and two additional parking spaces, offering a high level of tenant convenience. Recent improvements include newer roofs and fascia boards, and the property has undergone FAA Sound Insulation Program improvements. The property currently operates at a 4.82% CAP rate and 11.52 GRM, with a low basis of $245.55 per square foot—offering strong in-place cash flow with significant upside potential. With approximately 29% rental upside, investors can target a market CAP rate of 7.19% and a market GRM of 8.95, making this an attractive long-term investment in one of LA’s most promising growth corridors. Located just half a mile from the Intuit Dome and within close proximity to SoFi Stadium, the Kia Forum, and Hollywood Park Casino, the property benefits from immediate access to the entertainment and infrastructure boom reshaping the area. The property is actually situated in Lennox, an unincorporated community in Los Angeles County, placing it in the direct path of both regional redevelopment and increasing tenant demand. With its expansive lot size, desirable unit mix, significant rental upside, and strategic location, 4236 W 106th Street represents a standout opportunity in a rapidly evolving submarket.
Last checked:
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Last updated Apr 2, 2025
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MLS# PW25071715 —
The Building
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Year Built:1962
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:7127.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:3
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Stories Total:1
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:One
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Entry Location:1
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Laundry:Gas Dryer Hookup, Washer Hookup
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Laundry:1
Location
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Directions:Near the corner of W 106th St and Ravenswood Ave
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Latitude:33.93951500
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Longitude:-118.34949600
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LCR2YY
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Lot Features:6-10 Units/Acre
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Lot Size Area:19312.0000
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Lot Size Acres:0.4433
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Lot Size SqFt:19312.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6018.02
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Tax Tract:211
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Tax Lot:473
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4034031036
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Biking
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:6.00
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Garage Spaces:6.00
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 |
|---|---|---|---|---|
|
4/2/25
Apr 2, 2025
|
Listed / Active | CRMLS_CA | $1,750,000 |
