Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

4332 W 106th St 9 Unit Apartment Building $4,185,600 CAD ($465,067 CAD/Unit) 5.20% Cap Rate Inglewood, CA 90304

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

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 - -
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4034-025-017
Land Assessment
$300,805 CAD
Improvements Assessment
$410,876 CAD
Total Assessment
$711,681 CAD
  • Listing ID: 38456930

  • Date on Market: 2025-11-14

  • Last Updated:

  • Address: 4332 W 106th St, Inglewood, CA 90304

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}