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Duplex at 3944 W 111th
$959,000
3944 W 111th
Inglewood, Los Angeles, 90303
Duplex · 2 units
Active · 36 days on market

Deal numbers

Est. cap rate
3.2%
Assumed rent, all units
$5,040/mo
Units
2
Price per unit
$479,500
Est. annual NOI
$30,240
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$57,456
Operating expenses
$28,728
Net operating income
$28,728
Annual debt service
$57,422
Annual cash flow
-$28,694
Cash on cash return
-12.0%
Down payment
$239,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Duplex
Bedrooms
4
Building size
1,880 sqft
Lot size
6,017 sqft
Year built
1948
Stories
1
Garage spaces
0
Heating
Forced Air,Ductless
Cooling
Ductless
Pool
None
Status
Active
Days on market
36
MLS #
247092159

About this property

3944 W. 111th Street presents a rare opportunity to acquire a multi-unit property in one of Inglewood's fastest-growing neighborhoods. Featuring a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, a junior ADU, and a studio bonus unit that is approximately 60% complete, this property offers exceptional flexibility for investors, owner-occupants, or multigenerational living. Recent improvements include new windows, energy-efficient mini-split heating and cooling systems, a new roof on the rear structure, a replaced main sewer line with new concrete work, an updated electrical panel, an EV charger, security cameras, exterior yard lighting, and an electric security gate. The spacious outdoor area provides plenty of room for entertaining, relaxing, and accommodating approximately seven to eight vehicles. Ideally located just minutes from SoFi Stadium, Intuit Dome, Hollywood Park, LAX, and major freeways, this property is perfectly positioned to benefit from Inglewood's continued growth, strong rental demand, and long-term appreciation potential. A truly unique opportunity that must be seen to be fully appreciated.

Location

3944 W 111th

Inglewood, Los Angeles, CA, 90303

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

3944 W 111th, Inglewood CA | Multifamily for Sale