CA > Inglewood
Inglewood, CA 90304,4322 W 106th
Inglewood, CA 90304,4322 W 106th
Inglewood, CA 90304,4322 W 106th
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 3,000,000
Est. payment | /mo

1.2 Acres Lot

Save
$ 3,000,000
Est. payment | /mo
Save

1.2 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25268240

HOA Y/N No

Year Built 1909

Lot Size 1.202 Acres

Property Sub-Type Mixed Use

Property Description

The Parham Group at Marcus & Millichap is pleased to present an eight unit multifamily assemblage on over 52,000 SF of land in unincorporated Inglewood with a large portion leased to County of Los Angeles Sheriff's Department, providing both stability and institutional credit strength. The property presents a rare opportunity to acquire a fully income producing asset with at a competitive going in return with significant upside in rents.

The residential component features a diverse mix of three bedroom and one bedroom units, many recently improved, delivering steady in place income with meaningful rental upside as rents are all below market. The parking area leased to the County adds durable, non residential cash flow backed by a government entity, contributing roughly $6,200 per month in additional income. Positioned within minutes of SoFi Stadium, the Intuit Dome, and Hollywood Park, the asset is poised to benefit from the continued revitalization of Inglewood's entertainment corridor. Combining stable current returns with long term redevelopment potential, this property offers investors an attractive blend of immediate yield, County-backed income, and irreplaceable land value in one of Los Angeles County's most dynamic submarkets.

Location

State CA

County Los Angeles

Area 105 - Lennox

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Urban

Total Parking Spaces 1

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4034025004

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Parham Khoshbakhtian Parham Khoshbakhtian, Broker Parham.khoshbakhtian@marcusmillichap.com

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