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Travis Breton

travisbreton@gmail.com +1(866) 344-7473

Listed by Tamas Batyi, DRE #02053534 • Compass

$ 1,595,000

Est. payment | -/mo

6,962 Sqft Lot

Save

$ 1,595,000

Est. payment | -/mo

Save

6,962 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26237362

Year Built 1963

Lot Size 6,962 Sqft

Source California Regional MLS

Property Description

Prime Inglewood 5-unit value-add investment opportunity located less than a 5-minute walk from SoFi Stadium and The Forum. The property features two 2-bedroom/1.75-bath units and three 1-bedroom/1-bath units, with spacious floor plans of approximately 900-1,000 square feet. Offered at $319,000 per unit and $326 per square foot, the property offers approximately 25% rental upside with a projected Pro Forma 6.9% CAP and 11.2 GRM. The property features select remodeled units, A/C in all units, on-site laundry, and an all-electric configuration with no gas expense. Recent improvements include an approximately 5-year-old roof, exterior paint, and water-efficient landscaping. Additional value-add potential includes adjacent double and single-car garages with possible ADU conversion, subject to buyer verification. Strong location, large units, rental upside, and ADU potential make this a compelling value-add opportunity in the heart of Inglewood.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Interior

Heating Central Forced Air

Cooling Central AC

Laundry Community Facility

Exterior

Garage Spaces 3.0

Pool None

Building

Water District - Public

Others

Tax ID 4021027005

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(866) 344-7473

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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632 Manchester DR Inglewood, CA 90301