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Backup Offers

3737 W 111th Pl, Inglewood, CA, 90303

$1,200,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Baths
3,057 SqFt
$393/SqFt
House

Location

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3737 W 111th Pl, Inglewood$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Driveway, Garage
Garage4 spaces
Year Built1960
HeatingWall Furnace
MLS #24408097
Lot Size0.26 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 3737 W 111th Pl

Welcome to 3737 W 111th Place ... a unique offering perfect for a wide range of clientele. This triplex is made up of three individual houses on an oversized 11,000+ sqft lot and offers two separate two car garages plus tons of yard space. For an owner-user you're looking at a dream 3bd/2ba house at an astonishing price tag of just $400,000 plus an additional two homes in the back which can house family members or be rented out for additional income. Getting any single family residence for less than $600,000 is almost unheard of 10 minutes from the beach so maybe grab two friends and go in on this one together for the deal of a lifetime at $400,000 per door! For the savvy investor this property features major upside potential of 54% in a rapidly gentrifying Inglewood market. You can either look to vacate tenants and fully redevelop four new units or renovate existing units, match market rents, and potentially add two ADUs. With a growing economy in the area and significant income growth prospects, this property is perfect for investors looking to expand their portfolio or a developer looking to capitalize on the large lot size. Conveniently placed near the 105 and 405 freeways gives owners or tenants easy access to downtown Los Angeles, LAX, or to the beautiful SoCal Beaches just 10 minutes away. Don't miss out on this opportunity, the buyer pool is just too large for this deal to last very long ... Give us a call today!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 0
  • Living Area: 3,057 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: John McCann

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Heading West on I-105 Freeway, Take The Exit Onto Praire Avenue, Stay In The Second Left Turning Lane From Left And Turn Left On S Praire Ave Then Make A Quick Right-Hand Turn Onto W 111th Pl, In .3 mi. The Destination Is On Your Left. Heading East On I-105, Take The Same Exit Towards Praire Avenue And Follow The Same Directions As Above

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $393/SqFt

Tax Information:

  • Annual Amount: $2,274
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

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Inglewood, CA

City

Med. Sold Price

$730K

Med. Price/SqFt

$518

Avg. Days On Market

63

# of Sold Homes

27

3737 W 111th Pl vs Inglewood

144 DAYS ON ROCKET

+81 Days

$1,200,000

+$470K More

$393/SqFt

-$125 Less

KEY TAKEAWAY

This property is $470K more than the Median Sold Price and $125/SqFt less than other homes in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24408097

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: John McCann

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,274$102,089
2020$2,177$101,043
2019$2,042$99,063
2018$1,996$97,122
2017$1,996$95,219

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-421299
4
/10

  • Worthington Elementary School

  • 11101 Yukon Ave

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-421300
4
/10

  • Bennett - Kew Elementary School

  • 11710 Cherry Ave

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-421301
5
/10

  • Moffett Elementary

  • 11050 Larch Ave

  • 0.63 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,250. Most Inglewood, CA residents have annual incomes between $35k-100k. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3737 W 111th Pl

What is the listing price of this property?

The listing price of 3737 W 111th Pl property is $1,200,000.

What type of property is this?

The property 3737 W 111th Pl is a house located in Inglewood, California, 90303.

Is this property for sale now?

Accepting Backup Offers: 3737 W 111th Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,274 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3737 W 111th Pl has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 3737 W 111th Pl is 3,057 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3737 W 111th Pl is 1960.

Rocket Homes›California›Los Angeles County›Inglewood›90303›3737 W 111th Pl

This home is located at 3737 W 111th Pl in Inglewood, CA and zip code 90303 in the South Bay neighborhood. This 3,057 square foot home, which was built in 1960, sits on a 0.26 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,200,000.

Over 4 listings were sold over their listed price in October 2024 in Inglewood, CA. In the same period over 17 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Inglewood, CA between September 2024 and October 2024 decreased by 4.2%. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $730,000.

From Rocket Homes Real Estate and based on county public records data.

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