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About the Listing CLW-X81439 - CLW-X74492
Welcome to a unique opportunity in the Lennox/Inglewood 90304 area, where space, flexibility, and potential come together. Set on a 6,043 sq.ft. R3-zoned lot, this 2,104 sq.ft. residence offers a versatile layout suited for a variety of living arrangements or income-producing possibilities.Originally built with 5 bedrooms and 4 bathrooms per public records, the home has been expanded (including a permitted 646 sq.ft. addition completed in 2022) and, per visual observation, currently functions with multiple sleeping areas totaling up to 9 bedrooms. The front portion of the home features a 2-bedroom, 1-bath layout with its own kitchen and living space, creating an opportunity for additional use or rental potential.Compared to many homes in the surrounding neighborhood, the property benefits from more recent improvements, including an upgraded 200-amp electrical panel and tankless water heater. A long driveway provides ample on-site parking, and multiple rear storage structures add to the overall utility of the property.Conveniently located near major transportation corridors, employment centers, shopping, dining, and everyday amenities, this location offers accessibility to a wide range of services and destinations throughout the South Bay and greater Los Angeles area. Whether you're looking for a property with flexible living space or exploring income potential, this home presents a range of possibilities. R3 zoning may offer additional development opportunities, including expansion or ADU potential (buyer to verify with appropriate agencies).Investment Highlights (Buyer to Verify): Current Income (rooms only): $56,400/year, Pro Forma Income (including front unit): $80,400/year GRM (Current): 17.37, GRM (Pro Forma): 12.18Pro Forma NOI (estimated at 65%): $52,260Estimated Cap Rate (Pro Forma): ~5.3%.
Listing Highlights
Status
Active
Days on Site
167
Property Type
Residential
MLS ®
25607427
Year Built
1941
Total Square Footage
2,104
Lot/Acreage
0.14
County
Los Angeles
Area
105 - Lennox
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: 41x154
- Zoning: LCR3PY
- Roof:
- Others:
- Sewer:
- Parking Features: Carport,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4034024008
- Tax Year: N/A
Payment Calculator
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Questions About..
4341 W 106th St Inglewood, CA 90304
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