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3737 W 111th Pl, Inglewood, CA 90303

Sale Price: $1,030,000
Jun 25, 20243,057 sqft7 beds4 baths
Listed by: John McCann
License #: 01963932
Phone #: 310-382-1063
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 24408097

Property Description

Welcome to 3737 W 111th Place ... a unique offering perfect for a wide range of clientele. This triplex is made up of three individual houses on an oversized 11,000+ sqft lot and offers two separate two car garages plus tons of yard space. For an owner-user you're looking at a dream 3bd/2ba house at an astonishing price tag of just $400,000 plus an additional two homes in the back which can house family members or be rented out for additional income. Getting any single family residence for less than $600,000 is almost unheard of 10 minutes from the beach so maybe grab two friends and go in on this one together for the deal of a lifetime at $400,000 per door! For the savvy investor this property features major upside potential of 54% in a rapidly gentrifying Inglewood market. You can either look to vacate tenants and fully redevelop four new units or renovate existing units, match market rents, and potentially add two ADUs. With a growing economy in the area 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. Conveniently placed near the 105 and 405 freeways gives owners or tenants easy access to downtown Los Angeles, LAX, or to the beautiful SoCal Beaches just 10 minutes away. Don't miss out on this opportunity, the buyer pool is just too large for this deal to last very long ... Give us a call today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$12,615

TurboHome Estimated Value

$1,020,500

$334 sqft

High Valuation
$1,071,525
$351/sqft
Normal Valuation
$1,020,500
$334/sqft
Low Valuation
$969,475
$317/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$334/sqft$1,020,500

Neighborhood

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Comparative Value

$1.03M

$1.10M

$1.16M

$1.20M

$1.25M

3737 W 111th Pl, Inglewood, CA 90303

Sale Price: $1,030,000

Selected Comparable

4836 W 115th St, Hawthorne, CA 90250

Sale Price: $1,100,000

Selected Comparable

3337 W 111th Pl, Inglewood, CA 90303

Sale Price: $1,110,000

Selected Comparable

10107 England Ave, Inglewood, CA 90303

Sale Price: $1,155,000

Selected Comparable

3737 W 111th Pl, Inglewood, CA 90303

List Price: $1,200,000

Subject Property

10529 S Truro Ave, Inglewood, CA 90304

Sale Price: $1,250,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3737 W 111th Pl, Inglewood, CA 90303

3737 W 111th Pl, Inglewood, CA 90303

List: $1,200,000

Listed: 6/25/2024

Area:3,057 sqft
Price/sqft:$393
Beds:7
Baths:4
Year Built:
Lot Size:11,284

Comparable Properties

COMPARABLE
Choose comps
3737 W 111th Pl, Inglewood, CA 90303

3737 W 111th Pl, Inglewood, CA 90303

Sale: $1,030,000

12/3/20240.00 mi

Area:3,057 sqft
Price/sqft:$337
Beds:7
Baths:4
Year Built:
Weight:26.3%
10529 S Truro Ave, Inglewood, CA 90304

10529 S Truro Ave, Inglewood, CA 90304

Sale: $1,250,000

1/24/20251.21 mi

Area:2,750 sqft
Price/sqft:$455
Beds:7
Baths:5
Year Built:
Weight:19.3%
3337 W 111th Pl, Inglewood, CA 90303

3337 W 111th Pl, Inglewood, CA 90303

Sale: $1,110,000

7/15/20250.39 mi

Area:4,009 sqft
Price/sqft:$277
Beds:7
Baths:5
Year Built:
Weight:19.1%
10107 England Ave, Inglewood, CA 90303

10107 England Ave, Inglewood, CA 90303

Sale: $1,155,000

10/17/20240.84 mi

Area:3,571 sqft
Price/sqft:$323
Beds:7
Baths:5
Year Built:
Weight:18.1%
4836 W 115th St, Hawthorne, CA 90250

4836 W 115th St, Hawthorne, CA 90250

Sale: $1,100,000

5/28/20251.41 mi

Area:2,444 sqft
Price/sqft:$450
Beds:6
Baths:4
Year Built:
Weight:17.2%

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