4256 W 106TH STREET, INGLEWOOD CA 90304
- 4,195 sq.ft.
- 12,773 sq.ft. lot
Property Description
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 12.53 GRM and 4.78% cap rate to an 8.82 GRM and 7.92% cap rate. 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
Listing Courtesy of Michael Millea, Lyon Stahl Investment Real Estate, Inc.
Exterior Features
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