837-839 W Beach Ave - Apartments FOR SALE


Inglewood, CA 90302
$5,500,000 USD
310-780-1899
837-839 W Beach Ave, Inglewood, CA for Sale
$5,500,000 USD
Apartments - FOR SALE
1/12
null | 5.31% Cap Rate

837-839 W Beach Ave
Inglewood, CA 90302


HIGHLIGHTS

  • Two Side-By-Side Buildings in Northwest Inglewood | 22 Units Total
  • 16,018 SF Total on a Large 20,796 SF Lot | Two Separate Parcels
  • Unit Mix: (6) 2-Bed/1-Bath | (16) 1-Bed/1-Bath | 22 Total Parking Spaces
  • Attractive Entry CAP Rate of 5.31% | $250,000/Unit | $343/SF
  • 13% Rental Upside in a High Growth Location & 6.41% Market CAP
  • 12 of the Units Have Been Fully Renovated | The Remaining 10 Have Some Renovations (Flooring and Baths) And Original Kitchens

OVERVIEW

The Breezeway at Beach presents a rare opportunity to acquire two side-by-side apartment buildings totaling 22 units in the highly desirable Northwest Inglewood submarket. Spanning 16,018 SF of rentable space on a large 20,796 SF lot, this well-located asset offers strong in-place income with additional rental upside. The unit mix consists of (6) 2-bedroom, 1-bath units and (16) 1-bedroom, 1-bath units—appealing to a broad tenant base. The property includes 22 total parking spaces and benefits from a clean, functional layout across both buildings. With a current 5.31% CAP rate, pricing at $250,000 per unit and $343/SF, and a projected 6.41% market CAP, this asset provides approximately 13% rental upside for investors looking to capture growth in a high-demand rental corridor. Ideally located in a quiet residential pocket of Northwest Inglewood, the property is just blocks from major retail and dining near Centinela Avenue and La Cienega Boulevard, offering tenants both convenience and neighborhood charm. 837-839 W Beach Avenue is an ideal opportunity for investors seeking scale, stability, and upside in one of the South Bay’s most promising multifamily markets.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

22

PRICE/UNIT

$250,000

CAP RATE

5.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,796 SF

ZONING

INR3YY

APN/PARCEL ID

4017-013-031,4017-013-032

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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