Active Under Contract

3940 W 112th

Inglewood, CA 90303
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Bed 6

Bed

Bath 5

Bath

SqFt9,330

Sqft(Lot)

Situated in the southeast quadrant of the City of Inglewood, this well-maintained seven-unit apartment community offers an exceptional investment opportunity in one of Southern California's fastest-growing markets. Ideally located within walking distance of SoFi Stadium (home of the NFL's Rams and Chargers), Intuit Dome (home of the NBA's Clippers), Hollywood Park Casino, and The Forum, the property is surrounded by major employment centers, world-class entertainment, and ongoing redevelopment that continues to drive demand throughout Inglewood. This property offers an outstanding combination of location, unit mix, and long-term stability. The building features a desirable mix of one-, two-, and three-bedroom apartments, along with 14 covered parking spaces. Its highly walkable location provides residents with convenient access to the area's premier sports, entertainment, dining, and retail destinations. Tenant retention is exceptional, with most residents having occupied their units for more than 10 years, reflecting the property's desirability and stable occupancy history. Owned and meticulously maintained by the same owner for more than 23 years, the property has benefited from consistent capital improvements and thoughtful upkeep. Recent upgrades include improvements to the roof, decking, patio areas, and landscaping, helping minimize near-term capital expenditures for a new owner. The building is also separately metered for gas, electricity and hot water, contributing to lower operating expenses and improved management efficiency. Constructed in 1988, the property offers a significant advantage over many older multifamily assets in the area. Its more modern construction means many major building systems—including electrical and plumbing infrastructure—already meet contemporary standards, reducing the likelihood of costly retrofits commonly associated with properties built before 1980. In addition, investors benefit from Inglewood's rent regulations, which differ from those of the City and County of Los Angeles. The property is not subject to Los Angeles City or Los Angeles County rent control ordinances. Instead, it falls under the City of Inglewood's Rent Stabilization Ordinance, which generally permits annual rent increases of up to 8% for qualifying units, subject to the City's current guidelines and applicable thresholds.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,685,000

AD Id : 89632761

MLS Id : SB26152953

Beds : 6

Lot Size : 9,330 Sqft

Year Built : 1988

Garage : 14

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1988
    Building Area Total: 5360
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 9330 Lot Size Acres: 0.2142 Lot Size Source: Assessor Lot Size Square Feet: 9,330 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $1685000
    Original Price: $1750000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 4033024019 Tax Lot: 175

  • Parking Information

    Parking Total: 14

    Garage Information

    Has Garage: Yes Garage Space: 14

  • Location Information

    Direction: Praire Ave and Imperial Highway WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10632 Crenshaw Blvd, Inglewood, CA, 90303 $1,315,000 8 6 --
10636 Crenshaw Blvd, Inglewood, CA, 90303 $1,315,000 9 6 --

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ByOwner last updated this listing 08/21/2026 @ 22:32

MLS: SB26152953 LISTED BY: David Holstein, The Holstein Group 310-345-9994 SOURCE: CRMLS

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