10130 S Inglewood Ave - Apartments FOR SALE


Inglewood, CA 90304 | 
$2,200,000 USD
310-909-5444
10130 S Inglewood Ave, Inglewood, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/25
null | 6.12% Cap Rate

10130 S Inglewood Ave
Inglewood, CA 90304


HIGHLIGHTS

  • A single two-story, wood-frame and stucco structure in a U-shaped layout centered around a courtyard with an in-ground pool.
  • Diverse unit mix of one-, two-, and three-bedroom floor plans catering to a broad range of renter profiles.
  • All units feature recently replaced windows, a meaningful capital improvement already completed by ownership.
  • 5 total parking spaces, comprised of 5 tuck-under spaces and 10 carport spaces, each with dedicated storage located above.
  • Parking and storage accessed through a gated, remote controlled entrance.
  • On-site laundry is served by a dedicated laundry room equipped with 2 Speed Queen washers and 2 Speed Queen dryers.

OVERVIEW

The Neema Group of Marcus & Millichap is pleased to present 10130 S. Inglewood Avenue, a 15-unit multifamily investment opportunity in Inglewood, offered at $2,200,000 ($146,667/unit, $212/SF), reflecting a 6.12% cap rate and 8.05 GRM on in-place income. The property is configured as a single two-story, wood-frame and stucco structure in a U-shaped layout centered around a courtyard with an in-ground pool, complemented by a diverse unit mix of one-, two-, and three-bedroom floor plans catering to a broad range of renter profiles. Significant ADU potential exists through the conversion of the property’s exterior carports and rear tuck-under parking spaces, an opportunity supported by the gated, remote-access parking configuration (buyer to verify feasibility). All units feature recently replaced windows, a meaningful capital improvement already completed by ownership, while Unit 6 is currently undergoing renovation with new interior paint, offering a model for continued value-add work throughout the remaining units. The property offers 15 total parking spaces, comprised of 5 tuck-under spaces and 10 carport spaces, each with dedicated storage located above, all accessed through a gated, remotecontrolled entrance. On-site laundry is served by a dedicated 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 gas and electricity, with Centron electric meters and newer Square D circuit breakers on both sides of the meter bank, simplifying ownership and reducing owner-paid utility expense exposure.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

15

PRICE/UNIT

$146,667

CAP RATE

6.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,373 SF

ZONING

LCC2YY

APN/PARCEL ID

4036-001-023

ASK ABOUT THIS PROPERTY

Neema AhadianMarcus & MillichapMore Info
310-909-5444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Neema AhadianMarcus & MillichapMore Info
310-909-5444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.