3944 W 111th Place
Inglewood, CA, 90303
$999,000
MLS: SB26074639
Beds
3
Baths
4
Sq Ft
4,780
Lot
0.14 ac
Year Built
1948
MLS #
SB26074639
Days on Market
10
Listed
Apr 9, 2026
Description
A property that checks investor boxes and owner-user dreams tends to sound a little mythical… until you realize this one is very real. From an investment standpoint, the numbers tell a compelling story: projected gross income of $95,400, and even after factoring in a conservative 15% expense ratio, you’re looking at approximately an 8.1% cap rate with a GRM of 10.47—metrics that are virtually unheard of in this market. Three turnkey units—FULLY VACANT—plus a 60% completed studio bonus unit already in progress, offering immediate income with additional upside. Positioned just eight blocks from SoFi Stadium and Intuit Dome, you’re right in the middle of year-round events, concerts, and energy. The setup is ideal for a savvy house hacker or investor. Live in one unit and let the others offset your payment. With a 2-bed/1-bath, 1-bed/1-bath, and a junior ADU already dialed in, the heavy lifting is done. Each unit includes its own washer/dryer, new windows, and efficient mini-splits for comfort and convenience. Major upgrades include a brand-new roof on the rear structure, replaced main sewer line with new concrete, updated electrical panel, EV charger, yard lighting, and security cameras—making “turnkey” truly mean something here. The outdoor space offers room to entertain, relax, and enjoy the SoCal weather, plus parking for 7–8 cars—a rare find in this area. Permits are already pulled for a potential fourth unit, creating even more upside. Between long-term rental income and Airbnb potential thanks to the stadium location, the flexibility here is unmatched. Smart strategy. Flexible living. Built-in opportunity. Opportunities like this—with this level of income and upside—don’t last. This might be the move that changes your real estate game.
Location
Inglewood, Los Angeles County, CA 90303
Open on Google Maps ↗Listed by: Edward Kaminsky · eXp Realty of California, Inc
Payment estimate
$7,239
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
- Principal & Interest
- $5,524
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Inglewood home with as little as 3.5% down using an FHA loan — roughly $34,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Inglewood, CA 90303 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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