10206 S Inglewood Avenue,Inglewood, CA 90304
Inglewood, CA 90304
Description
We are pleased to present 10206-10208 S Inglewood Avenue, a 20-unitmultifamily investment opportunity in Inglewood, offered at $2,850,000 ($142,500/unit,$218/SF), reflecting a 6.49% cap rate and 8.07 GRM on in-place income. The property is comprised of two separate structures situated side by side, each configured with a uniform unit mix of one-bedroom/one-bathroom units offering consistent tenant appeal and simplified management. Gated tuck-under parking is accessed directly from Inglewood Avenue, with approximately 20 total spaces split evenly between the two buildings and individual storage located above each space. Interior upgrades include newer windows throughout both buildings, along with select units featuring tile flooring, granite kitchen countertops, and mini-split A/C systems. Each building is served by its own dedicated on-site laundry room, equipped with 2 Speed Queen washers and 2 Speed Queen dryers, providing tenant convenience and an existing income stream. All units are separately metered for electricity, with Centron electric meters and Square D circuit breakers and subpanels serving individual A/C systems and bathroom exhaust fans throughout both structures. A shared playground and recreation area sits behind the two buildings, presenting an opportunity for a new owner to improve landscaping and better activate the common area as an additional property amenity.
Details
| MLS # | 26992347 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 35 |
| Listing Provided By | Marcus & Millichap | Neema Ahadian |
Features
| Bed(s) | 20 |
|---|---|
| Bath(s) | 20 |
| SQ Feet | 13,052 |
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 2 |
| Zoning | LCC2YY |
| Acreage | 0.29 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
Parking
| Parking Features | None |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90304 |
| Area | 105 Lennox |
| Listing VS Median (in 90304) | |
Price: $2,850,000 low | high Med: $981,000 sqft: 13,052 low | high Med: 2,049 $ / sqft: $218 low | high Med: $486 On site: 35 low | high Med: 41 | |
Market Activity 90304
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90304 |
| Area | 105 Lennox |
| Listing VS Median (in 90304) | |
Price: $2,850,000 low | high Med: $981,000 sqft: 13,052 low | high Med: 2,049 $ / sqft: $218 low | high Med: $486 On site: 35 low | high Med: 41 | |
