CA > Inglewood
Inglewood, CA 90304,4341 W 106th ST
Inglewood, CA 90304,4341 W 106th ST
Inglewood, CA 90304,4341 W 106th ST
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High State Realty

High State Realty

+1(805) 490-1401
$980,000
Est. payment /mo
9 Beds
4 Baths
2,104 SqFt
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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

Bedrooms 9

Full Baths 4

HOA Y/N No

Year Built 1941

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 105 - Lennox

Zoning LCR3PY

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry Outside

Exterior

Parking Features Carport, Driveway

Pool None

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Faces North

Story 1

Entry Level One

Architectural Style Traditional

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 4034024008

Special Listing Condition Standard

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CRMLS – RECore
Listed by Johan Cisneros Pacific Properties Realty Group

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High State Realty

High State Realty

+1(805) 490-1401

BROKER, OWNER | License ID: 02181686

BROKER, OWNER License ID: 02181686

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4341 W 106th ST