Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
4,266
Located on a quiet, tree-lined street in the heart of North Inglewood, this prime 6-Unit Investment Property in North Inglewood boasts an actual CAP rate of 5.99% and GRM of 11.58, with a market CAP rate of 6.2%. This well-maintained 6-unit asset offers investors strong in-place income and long-term upside in one of Los Angeles' fastest-growing markets. Just minutes from SoFi Stadium, the Hollywood Park redevelopment, and the future Crenshaw Metro line, the location offers tremendous tenant demand and future appreciation potential, providing solid returns with room to grow. All units have been tastefully upgraded with laminate flooring, modern finishes, and stainless steel appliances. Additional improvements include a newer roof, copper plumbing, and fresh exterior paint. Zoned R3, the site also offers future development flexibility. This is an ideal opportunity for both seasoned and first-time multifamily investors looking for a low maintenance and consistent cashflow asset.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Parking
Carport
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1441
-
Property Type
Residential Income
Price
-
Sales Price
$1,575,000
-
Sq. Footage
4, 266
-
Price/SqFt
$369
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Bethany Woolf , Californian Estates
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