4341 W 106th Street, Inglewood, California 90304, Inglewood, 90304 - 5 bed, 4 bath
4341 W 106th Street
Inglewood, California 90304
Property Price
SUMMARY
Analysis of 4341 W 106th Street, Inglewood, California 90304 is currently available with a list price of $980,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Inglewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
While the property benefits from a permitted 2022 addition, a new electrical panel, and a tankless water heater, the overall interior condition, particularly the kitchen and some bathrooms, is very poor. The kitchen has missing cabinet doors and outdated finishes. One bathroom is severely worn with damaged walls, and another is very dated. The general living areas show significant wear and tear, and the discrepancy between the public record (5 beds) and visual observation (9 beds) strongly suggests unpermitted conversions, posing potential safety and code compliance issues. The property requires substantial repairs and rehabilitation to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Income-Generating Asset
The property is already configured for multiple rentable rooms, generating substantial current income ($56,400/yr) with a strong pro forma potential ($80,400/yr) and a 5.3% Cap Rate.
- Significant Development Potential (R3 Zoning)
The R3 zoning on a 6,043 sq.ft. lot offers excellent opportunities for expansion or additional dwelling unit (ADU) development, maximizing land use and future value.
- Recent Permitted Upgrades
A 2022 permitted 646 sq.ft. addition, 200-amp electrical panel, and tankless water heater demonstrate recent investment and modern infrastructure, reducing immediate capital expenditure.
CONSRISKS & DEFICIENCIES
- Bedroom Count Discrepancy
A significant difference between public records (5 beds) and visual observation (9 beds) could indicate unpermitted conversions, posing potential legal, financing, or insurance risks.
- Occupancy & Showing Restrictions
The 'DO NOT DISTURB OCCUPANTS' directive suggests challenges for property access, inspections, and potential tenant-related complexities for a new owner.
- Age of Original Construction
Built in 1941, the original portion of the home may require ongoing maintenance or updates beyond the recent additions, despite some modern upgrades.
About 4341 W 106th Street
Income-producing opportunity in unincorporated Lennox/Inglewood 90304 zip code. Current Income (rooms only): $56,400/yr, Pro Forma Income (incl. front unit): $80,400/yr, and 17.37GRM (Pro Forma) = 12.18 GRM. Pro Forma NOI: $80,400 65% = $52,260, Cap Rate (Pro Forma): ~5.3%. This 2,104 sq.ft. SFR on a 6,043 sq.ft. R3-zoned lot has been configured with multiple rentable rooms to generate diversified monthly income. Per visual observation, the property includes 9 bedrooms (public records show 5 beds/4 baths). Several rooms are currently rented with monthly income of $680, $500, $650, $620, $700, $800, and $750. The front portion of the home features a 2-bedroom / 1-bath layout with kitchen and living room, offering additional rental potential with an estimated market rate of approx. $2,000/mo (buyer to verify). Recent upgrades include a 2022 permitted 646 sq.ft. addition, 200-amp electrical panel, tankless water heater, multiple rear storage structures, and a long driveway providing on-site parking. R3 zoning may allow for expansion or ADU development (buyer to confirm with county). Conveniently located near major employment hubs and transportation corridors. These figures reflect potential upside through full utilization of the front unit, optimizing room rents, and exploring lot/development potential. DO NOT DISTURB OCCUPANTS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 6,043 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Inglewood Unified Schools
Dolores Huerta Elementary School
Grades K-5 • 0.1 mi
Moffett Elementary School
Grades K-5 • 0.4 mi
Jefferson Elementary School
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 82% |
| Baths | 4.0 | 2.0 | 82% |
| Square foot | 2,104 | 1,152 | 82% |
| Lot Size | 6,043 | 6,202 | 45% |
| Price | $980.0K | $980.0K | 50% |
| Price per sq ft | $466 | $667 | 18% |
| Built year | 1941 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 184 | 18% |
Pricing History
Listed for Sale
Oct 16, 2025
$980,000
Initial Listing
Sold
Dec 2, 2003
$252,000
Public Record