10613 S Inglewood Ave - Apartments FOR SALE


Inglewood, CA 90304
$1,650,000 USD
707-225-2402
10613 S Inglewood Ave, Inglewood, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/11
null | 6.3% Cap Rate

10613 S Inglewood Ave
Inglewood, CA 90304


HIGHLIGHTS

  • Almost Half an Acre Lot - Unique Street To Street Lot
  • Multiple Structures Including 2 Houses, a 4-plex, and a Duplex (8 Total Units)
  • Ample Parking
  • Well-Maintained - Many Capital Improvements Made

OVERVIEW

We are pleased to present 10613 S Inglewood Avenue in Inglewood, CA, a rare eight-unit multifamily property situated on nearly half an acre with a unique street-to-street lot configuration. The property consists of multiple structures, including two single-family homes, a fourplex, and a duplex, providing an attractive and diverse layout for tenants. The unit mix features one three-bedroom unit, one two-bedroom unit, and six one-bedroom units, appealing to a broad renter base. The asset has been well maintained with numerous capital improvements and offers ample on-site parking, enhancing long-term tenant stability. Located in a rapidly evolving Inglewood submarket near major redevelopment corridors, this property presents investors with a rare opportunity to acquire a large, well-positioned asset with strong long-term growth potential. For more information, please reach out.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

8

PRICE/UNIT

$206,250

CAP RATE

6.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,590 SF

ZONING

LCC2VV

APN/PARCEL ID

4038-022-016

ASK ABOUT THIS PROPERTY

Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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