3856 W 111th Place, Inglewood, CA 90303

$1,195,000

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Sold Price
$1,195,000
List Price
$1,250,000
Closing Date
Dec 04, 2023
Status
CLOSED
MLS#
SB23024853
Year Built
1921
Lot Size
6,643
Acres
0.15
Lot Location
Front Yard
Days on Market
245
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level, Two Levels

Property Description

Welcome to this exceptional income property offering two spacious units, perfect for investors seeking a lucrative opportunity. Located in a highly sought-after area of Inglewood, this property boasts an excellent location near LAX airport, beautiful beaches, and the newly constructed SoFi stadium, promising increasing value in coming years. **Key features** ** Unit 1:** Three bedrooms, two well-appointed bathrooms, convenient washer and dryer hook-ups within the unit. All in one level for easy accessibility. **Unit 2:** Another generously sized three bedroom unit, two and a half bathrooms, including master en suite. A dedicated laundry room within the unit for added convenience. Two-story layout **Garage and Parking:** Two separate garages each accommodating two cars, providing secure parking for you and/or your tenants. A long driveway perfect for guest or extra rental income. **Location:** Situated in a highly desirable area of Inglewood, known for its rising property values. Close proximity to LAX airport, making it convenient for travelers. Enjoy the nearby stunning beaches and coastal attractions. Benefit from the new SoFi stadium which promises to further boost property values in the area. Easy access to major highways, public transportation, and a range of near by shopping centers. This income property represents an excellent investment opportunity with two units and the potential for strong rental income. Whether you're an investor or looking into entering the real estate market, this property offers the potential for long-term growth and financial stability. Don't miss out on the chance to own a piece of Inglewood's promising future!

Additional Information

Pool Description
None
Heat
Floor Furnace
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$60,000
Operating Expense
3720

Listing courtesy of Listing Agent: Jamie Cabrera Giron (Jamie_cabrera@elcamino.edu) from Listing Office: Berkshire Hathaway HSCP.

Listing sold by Roberto Rivas Cortes from Vismar Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.