4256 W 106th Street, Inglewood, CA 90304
- $965,000
- Sold Price
- $965,000
- List Price
- $1,099,500
- Closing Date
- Sep 19, 2025
- Status
- CLOSED
- MLS#
- SB25158792
- Year Built
- 1957
- Lot Size
- 12,773
- Acres
- 0.29
- Lot Location
- Back Yard, Front Yard, Level, Rectangular Lot
- Days on Market
- 27
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
ANOTHER GREAT PRICE REDUCTION!! Presenting a rare opportunity to own in the rapidly evolving Lennox/Inglewood area with about 40% in rental upside potential. This versatile property offers remarkable flexibility, value, and potential for an investors seeking to capitalize on the vibrant local real estate boom occurring near SoFi Stadium. This Lennox/Inglewood property features three buildings on a 12,770 sq. ft. R-2 lot: one 3 bed/1.5 bath house and two duplexes, each unit with its own garage between the unit, which creates the feel of a separate house. The property needs upgrades but offers approximately 40% rental upside - potentially improving from a 11.03 GRM and 5.6% cap rate to an 7.76 GRM and 9.17% Cap with CAP RATE HIGHER than the GRM Front unit has a small front yard. while 3 bedroom house in back includes a backyard. Central air & heat, double pane windows, sound proof doors- improved by City. Front 2 units had a new roof put on in 2023
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $99,720
- Operating Expense
- 35113
Listing courtesy of Listing Agent: Michael Millea (Mike.M@LyonStahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by David Messiah from Lyon Stahl Investment Real Estate, Inc.
Mortgage Calculator
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.