5,871 Sqft Lot
5,871 Sqft Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26201936
HOA Y/N No
Year Built 1964
Lot Size 5,871 Sqft
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Fireplace No
Laundry None
Exterior
Carport Spaces 4
Pool None
Community Features Biking
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4020028018
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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