Log In/Sign Up
Your email has been sent.
4332 W 106th St 9 Unit Apartment Building $4,185,600 CAD ($465,067 CAD/Unit) 5.20% Cap Rate Inglewood, CA 90304



INVESTMENT HIGHLIGHTS
- Eight Unit Apartment Asset + Secured County Lease (LA County Sheriff’s Department parking)
- Stable In Place Income + Upside In Rents
- Potential Future Redevelopment Play: Over 1.2 acres of land in rapidly developing Inglewood area
EXECUTIVE SUMMARY
The Parham Group at Marcus & Millichap is pleased to present an eight unit multifamily assemblage on over 52,000 SF of land in unincorporated Inglewood with a large portion leased to County of Los Angeles Sheriff’s Department, providing both stability and institutional credit strength. The property presents a rare opportunity to acquire a fully income producing asset with at a competitive going in return with significant upside in rents.
The residential component features a diverse mix of three bedroom and one bedroom units, many recently improved, delivering steady in place income with meaningful rental upside as rents are all below market. The parking area leased to the County adds durable, non residential cash flow backed by a government entity, contributing roughly $6,200 per month in additional income. Positioned within minutes of SoFi Stadium, the Intuit Dome, and Hollywood Park, the asset is poised to benefit from the continued revitalization of Inglewood’s entertainment corridor. Combining stable current returns with long term redevelopment potential, this property offers investors an attractive blend of immediate yield, County-backed income, and irreplaceable land value in one of Los Angeles County’s most dynamic submarkets.
The residential component features a diverse mix of three bedroom and one bedroom units, many recently improved, delivering steady in place income with meaningful rental upside as rents are all below market. The parking area leased to the County adds durable, non residential cash flow backed by a government entity, contributing roughly $6,200 per month in additional income. Positioned within minutes of SoFi Stadium, the Intuit Dome, and Hollywood Park, the asset is poised to benefit from the continued revitalization of Inglewood’s entertainment corridor. Combining stable current returns with long term redevelopment potential, this property offers investors an attractive blend of immediate yield, County-backed income, and irreplaceable land value in one of Los Angeles County’s most dynamic submarkets.
PROPERTY FACTS
| Price | $4,185,600 CAD | Building Class | C |
| Price Per Unit | $465,067 CAD | Lot Size | 1.20 AC |
| Sale Type | Investment | Building Size | 6,698 SF |
| Cap Rate | 5.20% | Average Occupancy | 100% |
| Gross Rent Multiplier | 13.02 | No. Stories | 2 |
| No. Units | 9 | Year Built/Renovated | 1941/2003 |
| Property Type | Multifamily | Parking Ratio | 7.91/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LCR2YY | ||
| Price | $4,185,600 CAD |
| Price Per Unit | $465,067 CAD |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| Gross Rent Multiplier | 13.02 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.20 AC |
| Building Size | 6,698 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1941/2003 |
| Parking Ratio | 7.91/1,000 SF |
| Zoning | LCR2YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 3+2 | 5 | - | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 4034-025-017 | Improvements Assessment | $410,876 CAD |
| Land Assessment | $300,805 CAD | Total Assessment | $711,681 CAD |
PROPERTY TAXES
Parcel Number
4034-025-017
Land Assessment
$300,805 CAD
Improvements Assessment
$410,876 CAD
Total Assessment
$711,681 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4332 W 106th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
