3944 W 111th Place, Inglewood, CA 90303
Local realty services provided by:CENTURY 21 Jordan-Link
3944 W 111th Place,Inglewood, CA 90303
$999,000
- - Beds
- - Baths
- 4,780 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Apr 1101:00 pm - 04:00 pm
- Sun, Apr 1201:00 pm - 04:00 pm
Listed by: edward kaminsky, bahahdi allal
Office: exp realty of california, inc310-798-1277
MLS#:SB26076441
Source:CRMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$209
About this home
A property that checks investor boxes and owner-user dreams tends to sound a little mythical… until you realize this one is very real.
From an investment standpoint, the numbers tell a compelling story: projected gross income of $95,400, and even after factoring in a conservative 15% expense ratio, you’re looking at approximately an 8.1% cap rate with a GRM of 10.47—metrics that are virtually unheard of in this market.
Three turnkey units—FULLY VACANT—plus a 60% completed studio bonus unit already in progress, offering immediate income with additional upside. Positioned just eight blocks from SoFi Stadium and Intuit Dome, you’re right in the middle of year-round events, concerts, and energy.
The setup is ideal for a savvy house hacker or investor. Live in one unit and let the others offset your payment. With a 2-bed/1-bath, 1-bed/1-bath, and a junior ADU already dialed in, the heavy lifting is done. Each unit includes its own washer/dryer, new windows, and efficient mini-splits for comfort and convenience.
Major upgrades include a brand-new roof on the rear structure, replaced main sewer line with new concrete, updated electrical panel, EV charger, yard lighting, and security cameras—making “turnkey” truly mean something here.
The outdoor space offers room to entertain, relax, and enjoy the SoCal weather, plus parking for 7–8 cars—a rare find in this area.
Permits are already pulled for a potential fourth unit, creating even more upside. Between long-term rental income and Airbnb potential thanks to the stadium location, the flexibility here is unmatched.
Smart strategy. Flexible living. Built-in opportunity.
Opportunities like this—with this level of income and upside—don’t last. This might be the move that changes your real estate game....
Contact an agent
Home facts
- Year built:1948
- Listing ID #:SB26076441
- Added:1 day(s) ago
- Updated:April 10, 2026 at 12:29 PM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Living area:4,780 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air
Structure and exterior
- Year built:1948
- Building area:4,780 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Landscaped, Yard
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$209
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Inside, Outside, Stacked, Washer
- Amenities:All Bedrooms Down, Ceiling Fans, Granite Counters, Open Floor Plan, Quartz Counters, Recessed Lighting, Storage
Parking
- Total parking spaces:7
- Parking description:Driveway
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