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Listing Courtesy Of: Marcus & Millichap, 818-212-2700
Local Realty Services Provided By: Keller Williams South Bay
US / CA / Inglewood / Morningside / 3847 W 110th St
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US / CA / Inglewood / Morningside / 3847 W 110th St
3847 W 110th St, Inglewood, CA 90303
9 Beds
4 Baths
sq ft
ac
US / CA / Inglewood / Morningside / 3847 W 110th St

3847 W 110th St, Inglewood, CA 90303

Estimation provided by Keller Williams Realty, LLC.
9 Beds
4 Baths
sq ft
ac
Active
For Sale
Open House:
See More Open House Schedules

Property Description

We are pleased to present 3847 W. 110th Street, a four-unit multifamily investment opportunity located in Inglewood. This true value-add investment offers investors the opportunity to capture almost 90% in rental upside along with the potential to add multiple ADUs by converting the stand-alone garage units or constructing a new structure in place of the existing garage structures (Buyer to verify). With strong potential income, historically low vacancy rate in the area, and excellent long-term fundamentals, the property presents a compelling opportunity for yield seeking investors and equity growth investors alike. Originally constructed in 1961, the property spans 3,940 square feet of livable space and consists of three separate living structures which include a 3-bedroom /2-bathroom house, a 2-bedroom/1-bathroom bungalow, and a duplex in the rear of the property with two 2-bedroom/1-bathroom units. The property is individually metered for electricity and gas and there are two stand-alone 2-car garages. Situated less than a mile south of SoFi Stadium and the Intuit Dome, 3847 W. 110th is just four blocks from the nearest on- and off-ramps to the 105 Freeway, providing excellent regional access to West Los Angeles, Downtown Los Angeles, LAX, and the South Bay. With high rental demand and a shortage of housing options, the asset is ideally positioned to deliver both near-term and long-term returns.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1961
Days on Site
7 Days
HVAC
Heating: Wall
Parking
Yes
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Credit Score
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Transit & Commute

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Car-Dependent Walkable Very Walkable
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