We are pleased to present 3847 W. 110th Street, a four-unit multifamily investment opportunity located in Inglewood. This true value-add investment offers investors the opportunity to capture over 70% in rental upside along with the potential to add multiple ADUs by converting the stand-alone garage units or constructing a new structure in place of the existing garage structures (Buyer to verify). With strong potential income, historically low vacancy rate in the area, and excellent long-term fundamentals, the property presents a compelling opportunity for yield seeking investors and equity growth investors alike. Originally constructed in 1961, the property spans 3,940 square feet of livable space and consists of three separate living structures which include a 3-bedroom /2-bathroom house, a 2-bedroom/1-bathroom bungalow, and a duplex in the rear of the property with two 2-bedroom/1-bathroom units. The property is individually metered for electricity and gas and there are two stand-alone 2-car garages. Situated less than a mile south of SoFi Stadium and the Intuit Dome, 3847 W. 110th is just four blocks from the nearest on- and off-ramps to the 105 Freeway, providing excellent regional access to West Los Angeles, Downtown Los Angeles, LAX, and the South Bay. With high rental demand and a shortage of housing options, the asset is ideally positioned to deliver both near-term and long-term returns.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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