3818 W 111th Place, Inglewood, California 90303, Inglewood, 90303 - 0 bed, 0 bath
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3818 W 111th Place
Inglewood, California 90303
ACTIVE UNDER CONTRACT
CONDITION: GOOD
0Beds
0Baths
2,350Sq Ft
7,527Lot Size
Property Price
LIST PRICE$895,000
EST. MARKET VALUE
$1,037,294
13% BelowMARKET VALUE
SUMMARY
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $895,000—positioned well below the $1,034,809 Fair Market Value by 13%. This valuation gap offers $139,809 in Instant Equity. Featuring a Condition Rating of 3, the property includes Newer Roofs, Dual-Paned Windows, and a renovated rear unit with Granite Countertops. Located one mile from SoFi Stadium, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income and long-term appreciation.
Estimated Market Value
$1,037,294+$142,294 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Inglewood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3818 W 111th Place Subject | $895,000* List Price | 0 | 0 | 2,350 | $441 | - |
A 3659 W 110th Sold | $949,000 | 0 | 0 | 2,183 | $435 | 0.2 mi |
B 3314 -3316 W Imperial Hwy Sold | $850,000 | 0 | 0 | 1,802 | $472 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1961, the property has been well-maintained with significant updates including newer roofs, dual-paned windows, and recent exterior paint. The interior of the rear unit features granite countertops, tile flooring, and recessed lighting, indicating a renovation within the 5-15 year range, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Strategic Location
Situated just one mile from SoFi Stadium and five miles from LAX, the property is perfectly positioned to capitalize on the high tenant demand and economic growth of the Inglewood area.
- Recent Capital Improvements
The property features significant upgrades including newer roofs on all units, dual-paned windows, and a move-in ready rear unit with granite countertops, reducing immediate maintenance costs for a buyer.
- Owner-User & Investment Upside
With a vacant, updated 2-bedroom rear unit and a competitive 12x gross price multiplier, the property offers an ideal opportunity for an owner-occupant or an investor looking to capture rent upside.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1961, the property may possess aging underlying systems such as original plumbing or electrical components that are typical for its era and may require future capital expenditure.
- Parking Limitations
While the property includes garages, the one-car-per-unit allocation may be restrictive for modern multi-vehicle households, potentially impacting tenant selection in a high-density neighborhood.
About 3818 W 111th Place
NICE Triplex. Family owned over 50 years. Front and back units with NEWER Dual Paned windows. Newer ROOFS on all units. Rear 2 Bed 1 Bath is ready to move in (could be an owner's unit). Granite countertops, tile flooring, recessed lighting, appliances and eat in kitchen area. Laundry hook-ups. NEW ceiling fans . Back unit has a yard completely surrounding it on all sides. Exterior's recently painted! All 3 units have a one car garage . Rear unit has two + extra parking spots.. Front 2 Bed 1 Bath has a nice front yard. Price at 12 X Gross. . More upside potential with rent increases. Close to (1 mile) Sofi Stadium. So convenient to the best shopping. 4 miles to the BEACH!! Easy access to the FWY's , Downtown & LAX only 5 miles away. Great location.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1961
- Lot Size
- 7,527 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,350 | 2,746.25 |
| Lot Size | 7,527 | 7,862 |
| Price | $895.0K | $911.5K |
| Price per sq ft | $381 | $21.5K |
| Built year | 1961 | 1958 |
| HOA | $0 | $0 |
| Days on market | 44 | 117 |
Pricing History
Listed for Sale
Jul 27, 2026
$895,000
Initial Listing