34
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$2,850,000
Est. payment /mo
20 Beds
20 Baths
13,052 SqFt
New
10206 S Inglewood AVE Inglewood, CA 90304
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 13,052 sqft
Price per Sqft $218
MLS Listing ID 26992347
Bedrooms 20
HOA Y/N No
Year Built 1963
Lot Size 0.289 Acres
Property 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.
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCC2YY
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 20
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4036002005
Special Listing Condition Standard
Listed by Neema Ahadian Marcus & Millichap #01346750
NEARBY SCHOOL & BUSINESS
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