Property Description

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 ($63,564 annually) with potential for $8,150/month ($97,800 annually) at market rents. Situated on a substantial 11,281 sq ft lot, the triplex provides 3,057 sq 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 $400,000 apiece which is unheard of within a 10-15 minute drive to the beach.