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4236 W 106th Street
USD 1,750,000
Property ID: PW25071715
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4236 W 106th Street ,90304
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icon 19312 SqFt
icon Built in 1962
icon USD 91/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
7127
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1962
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Detailed Introduction Of This Home
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.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (18)
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4236 W 106th Street
USD 1,750,000 0 Beds
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