4232-4236 W 106th St - Apartments FOR SALE


Inglewood, CA 90304
$1,750,000 USD
310-710-3829
4232-4236 W 106th St, Inglewood, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/19
null | 4.82% Cap Rate

4232-4236 W 106th St
Inglewood, CA 90304


HIGHLIGHTS

  • (3) Separate Large Duplexes on a Massive 19,312 SF Lot in Lennox (Zoned R-2) | 6 Units Total
  • 4.82% Cap Rate | 11.52 GRM | $245.55/SF
  • Great Value-Add Opportunity w/ Appx. 29% Rental Upside | 7.19% Market CAP | 8.95 Market GRM
  • Excellent Unit Mix: (5) 3-Bed/2-Bath Units, (1) 2-Bed/1-Bath
  • Recent Improvements include Newer Roofs & Fascia Boards | Washer & Dryer Hookups Throughout | Each Unit w/ 1 Garage Space + 2 Parking Spaces
  • Inglewood Address; However, Building is in Lennox (Unincorporated LA)

OVERVIEW

4236 W 106th Street presents a rare opportunity to acquire a 6-unit property spread across three large duplexes on a massive 19,312 SF R-2 zoned lot in Lennox. This value-add asset offers an ideal unit mix of five 3-bedroom/2-bath units and one 2-bedroom/1-bath unit, appealing to families and long-term renters seeking space and functionality. Each unit includes its own washer and dryer hookups, as well as a 1-car garage and two additional parking spaces, offering a high level of tenant convenience. Recent improvements include newer roofs and fascia boards, and the property has undergone FAA Sound Insulation Program improvements. The property currently operates at a 4.82% CAP rate and 11.52 GRM, with a low basis of $245.55 per square foot—offering strong in-place cash flow with significant upside potential. With approximately 29% rental upside, investors can target a market CAP rate of 7.19% and a market GRM of 8.95, making this an attractive long-term investment in one of LA’s most promising growth corridors. Located just half a mile from the Intuit Dome and within close proximity to SoFi Stadium, the Kia Forum, and Hollywood Park Casino, the property benefits from immediate access to the entertainment and infrastructure boom reshaping the area. The property is actually situated in Lennox, an unincorporated community in Los Angeles County, placing it in the direct path of both regional redevelopment and increasing tenant demand. With its expansive lot size, desirable unit mix, significant rental upside, and strategic location, 4236 W 106th Street represents a standout opportunity in a rapidly evolving submarket.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

4.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

LCR2YY

APN/PARCEL ID

4034-031-036

ASK ABOUT THIS PROPERTY

Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

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Woody StahlLyon Stahl Investment Real Estate, Inc.More Info
310-710-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.