3944 W 111th Place, Inglewood, CA 90303 - Photo 1 of 47, Inglewood, CA
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$999,000

3944 W 111th Place, Inglewood, CA 90303

3Beds
4Baths
0
4Days Listed

About This Property

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, youre looking at approximately an 8.1% cap rate with a GRM of 10.47metrics that are virtually unheard of in this market. Three turnkey unitsFULLY VACANTplus 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, youre 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 camerasmaking turnkey truly mean something here. The outdoor space offers room to entertain, relax, and enjoy the SoCal weather, plus parking for 78 carsa 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 livi

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
4
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
4
Cumulative Days on Market
2
Original Price
$999,000

Location & Neighborhood

What's nearby 3944 W 111th Place, Inglewood, CA 90303

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

POI data updated 4/10/2026

Inglewood Market Snapshot

139

Active Listings

$699K

Median Price

69

Avg Days on Market

Last updated: Apr 10, 2026

Listed by

Edward Kaminsky, eXp Realty of California, Inc · 310-427-2414

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$999,000