ASSET 5-unit apartment in Inglewood. The asset is situated on a large 6,897-SF corner lot and is comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. The property has been renovated with the City of Inglewood/LAX Sound Insulation Program and features individual HVACs, newer windows, upgraded electrical, newer doors, etc. The building was recently painted and there are a total of 5 garage parking spaces. LOCATION The asset is located less than 1 mile from Intuit Dome, SoFi Stadium, Hollywood Park Casino, Cosm Los Angeles, Cinepolis Luxury Cinemas, Youtube Theatre and upcoming $1 Billion Inglewood Transit Connector project. The property is also located within a few blocks of many retail shops and shopping centers of Century Boulevard including, Costco, In-N-Out Burger, Aldi, Target, Home Depot and The Village at Century Shopping Center. FINANCIALS 10242 S. 10th Avenue has strong in-place income with a current cap rate of 6.93% and current GRM of 9.91. The asset also provides upside potential in rents with a pro-forma cap rate of 8.15% and pro-forma GRM of 8.81.