Property listed by Lyon Stahl Investment Real Estate, Inc., Brett Lyon 3107801899
$1,295,000
This four-unit multifamily property presents an attractive immediate value-add opportunity in a desirable pocket of Inglewood. Family owned and operated for the past 29 years, the property will allow new ownership to immediately renovate and reposition the units toward market rental rates. The unit mix consists of one 3-bedroom/2-bath townhome… Read More and three 1-bedroom/1-bath units. The property also presents a strong owner-user opportunity.
As a four-unit property, the asset is subject to Inglewood's more favorable 2–4 unit rent increase regulations, allowing annual increases of 5% plus CPI, capped at 10%. The property also offers potential ADU upside for additional future income and appreciation. Buyer to verify.
The property benefited from a comprehensive FAA-funded residential sound insulation retrofit approximately 25 years ago, including upgraded HVAC systems, electrical improvements, and noise-reducing windows and doors.
Ideally located in Inglewood with a Walk Score of 87, the property provides convenient access to LAX, SoFi Stadium, Intuit Dome, Hollywood Park, major employment centers, retail, entertainment, and freeways.
Offered at a 5.95% CAP rate on scheduled income, the property combines strong in-place income with immediate value-add potential, favorable vacancy, and long-term upside. Read Less
Listing Snapshot
Days Online
17
Last Updated
Property Type
MixedUse
Lot Size
0.13 Acres
Year Built
1964
MLS Number
SB26201936
Additional Details
Building
Built in 1964, 1 building, 1 storey, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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