$1,645,000
About this home
Outstanding North Inglewood Location: Well-positioned asset located 1.5 miles from SoFi Stadium and The Forum, and 2 miles from Intuit Dome. Single-Story Units on Large Lot: Six single-story units situated on a 15,508-SF lot. Exceptional ADU Opportunity: Large rear parking area presents the opportunity to add up to 6 ADUs or redevelop the property into an 11-unit apartment project (Buyer to Verify). Unit Composition: Outstanding unit mix with 3 of the units being recently renovated and a 3-bedroom unit which features a large private backyard and new washer/dryer hook-ups. Capital Improvements & Attractive Amenities: Property features a new roof, new electrical, updated electrical subpanels, individual hot water heaters, on-site laundry facility, new drought-tolerant landscaping, 6 garage spaces and a large rear parking area. Strong Cash Flow & Rental Upside: Offering a 6.76% current cap rate and 10.51 GRM with upside to an 8.43% pro-forma cap rate and 8.90 GRM, providing investors with both stable income and meaningful upside potential.
Facts & features
- Bedrooms
- 9
- Bathrooms
- 0 full, 0 half
- Living area
- 4,886 sq ft
- Appliances
- Washer
- Laundry
- Laundry Room
- Levels
- One
- Lot size
- 0.356 acres (15,508 sq ft)
- Year built
- 1955
- Parking
- Covered, Garage, Uncovered
- Parking spaces
- 6
- Area
- 101 - North Inglewood
- County
- Los Angeles
- Status
- Active
- Property type
- Residential Income
- Days on market
- 8
- Listed
- 2026-07-13
- Parcel #
- 4016016016
- MLS #
- 26859139
