4322-4332 W 106th St — Sale in Inglewood, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Inglewood, CA 90304
Investment Figures
- Cap rate
- 5.75%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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. Investment Highlights: • Three Parcel Assemblage | ±52,344 SF of Land across 4322, 4328, and 4332 W 106th St • Eight Unit Apartment Asset + Secured County Lease (LA Sheriff's Department parking) • Proximity to Major Drivers: Minutes to SoFi Stadium, Intuit Dome, Hollywood Park, LAX • Potential Future Redevelopment Play: Over 1.2 acres of land in rapidly developing Inglewood area
Market Context
This multifamily in Inglewood, CA is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Inglewood, CA — view the full market.
Contact
- Parham Khoshbakhtian · (949) 419-3295 · parham.khoshbakhtian@marcusmillichap.com
- Kevin Elliott · (949) 419-3392 · kevin.elliott@marcusmillichap.com
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