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Image 1 - 3737 W 111th Pl, Inglewood, California, 90303 - House for sale
Image 2 - 3737 W 111th Pl, Inglewood, California, 90303 - House for sale
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W Th Pl, Inglewood, Home For Sale
3737 W 111th Pl, Inglewood, California, 90303

W Th Pl, Inglewood, Home For Sale

house for sale
Listed: 06/29/24

3737 W 111th Pl, Inglewood, California, 90303

7 Bed:
4 Bath:
3,057 Sq Ft Living Area:
Save
Price
$ 1,2M

About This House

3737 W 111th Place offers an exceptional investment/development opportunity. With a 54% upside potential, the property includes one 3-bed/2-bath unit and two 2-bed/1-bath units, generating$5, 297/month ($63, 564annually) with potential for$8, 150/month ($97, 800annually) at market rents. Situated on a substantial11, 281sq ft lot, the triplex provides3, 057sq ft of living space, conveniently located near the 105 and 405 freeways and a nearby park. With a prime lot size and significant income growth prospects, this property is perfect for investors looking to expand their portfolio or a developer looking to capitalize on the large lot size. It's also incredibly well priced for an individual looking for a place to live in Inglewood and be able to rent out the other units or to effectively get three individual homes for$400, 000apiece which is unheard of within a 10-15 minute drive to the beach.

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Inglewood Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Inglewood, United States averaged $973,746, an increase of 11.6% from the previous month.
Median price trends for properties for sale in Inglewood, United States as of June 2024.

Household Income

Median household income: $46,389
Number of households: 36,481
The average household income in Inglewood, CA grew from $44,377 to $46,389 in the past year. This data is an estimate based upon 36,481 households in Inglewood, CA.
The chart below presents how household income is distributed in Inglewood, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Inglewood, CA compared to median property taxes around the country. The prevalent amount of property taxes in Inglewood, CA equals $3k+ , which is more than the national average.