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$980,000

Est. payment - /mo

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9 Beds

4 Baths

2,104 SqFt

Active

4341 W 106th St Inglewood, CA 90304

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,104 sqft

Price per Sqft $465

MLS Listing ID 25607427

Style Traditional

Bedrooms 9

Full Baths 4

HOA Y/N No

Year Built 1941

Lot Size 6,043 Sqft

Acres 0.1387

Property Sub-Type Single Family Residence

Property Description

Income-producing opportunity in unincorporated Lennox/Inglewood 90304 zip code. Current Income (rooms only): $56,400/yr, Pro Forma Income (incl. front unit): $80,400/yr, and 17.37GRM (Pro Forma) = 12.18 GRM. Pro Forma NOI: $80,400 65% = $52,260, Cap Rate (Pro Forma): ~5.3%. This 2,104 sq.ft. SFR on a 6,043 sq.ft. R3-zoned lot has been configured with multiple rentable rooms to generate diversified monthly income. Per visual observation, the property includes 9 bedrooms (public records show 5 beds/4 baths). Several rooms are currently rented with monthly income of $680, $500, $650, $620, $700, $800, and $750. The front portion of the home features a 2-bedroom / 1-bath layout with kitchen and living room, offering additional rental potential with an estimated market rate of approx. $2,000/mo (buyer to verify). Recent upgrades include a 2022 permitted 646 sq.ft. addition, 200-amp electrical panel, tankless water heater, multiple rear storage structures, and a long driveway providing on-site parking. R3 zoning may allow for expansion or ADU development (buyer to confirm with county). Conveniently located near major employment hubs and transportation corridors. These figures reflect potential upside through full utilization of the front unit, optimizing room rents, and exploring lot/development potential. DO NOT DISTURB OCCUPANTS.

Location

State CA

County Los Angeles

Area Lennox

Zoning LCR3PY

Rooms

Other Rooms Shed(s)

Dining Room 0

Interior

Heating Wall

Cooling None

Flooring Carpet

Fireplaces Type None

Equipment None

Laundry Outside

Exterior

Parking Features Driveway, Carport

Garage Spaces 1.0

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pacific Properties Realty Group