10206 S Inglewood AVE, Inglewood, CA 90304
10206 S Inglewood AVE, Inglewood, CA 90304
10206 S Inglewood AVE, Inglewood, CA 90304
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,850,000
Est. payment /mo
20 Beds
20 Baths
13,052 SqFt
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UPDATED:

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

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Listed by Neema Ahadian Marcus & Millichap #01346750

NEARBY SCHOOL & BUSINESS

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