Inglewood, CA 90304,4256 W 106th ST
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Inglewood, CA 90304,4256 W 106th ST
Inglewood, CA 90304,4256 W 106th ST
Inglewood, CA 90304,4256 W 106th ST
Inglewood, CA 90304,4256 W 106th ST
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Pinnacle Realty Advisors

Pinnacle Realty Advisors

+1(972) 338-5441
Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.
$ 1,199,500
Est. payment /mo
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Price Dropped by $50K

4256 W 106th ST Inglewood, CA 90304

0.29 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25158792

Year Built 1957

Lot Size 0.293 Acres

Source California Regional MLS

Property Description

Presenting a rare opportunity to own in the rapidly evolving Lennox/Inglewood area with about 40% in rental upside potential. This versatile property offers remarkable flexibility, value, and potential for an investors seeking to capitalize on the vibrant local real estate boom occurring near SoFi Stadium. This Lennox/Inglewood property features three buildings on a 12,770 sq. ft. R-2 lot: one 3 bed/1.5 bath house and two duplexes, each unit with its own garage between the unit, which creates the feel of a separate house. The property needs upgrades but offers approximately 40% rental upside-potentially improving from a 12.03 GRM and 5.03% cap rate to an 8.47 GRM and 8.30% cap rate. Front unit has a small front yard. while 3 bedroom house in back includes a backyard. Central air & heat, double pane windows, sound proof doors- improved by City. Front 2 units had a new roof put on in 2023

Location

State CA

County Los Angeles

Area 105 - Lennox

Interior

Laundry None

Exterior

Garage Spaces 6.0

Pool None

Building

Lot Description Grade - Level

Story One Story

Water District - Public

Others

Tax ID 4034031040

Special Listing Condition Not Applicable


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4256 W 106th ST