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$ 2,200,000
Est. payment | /mo
19 Beds
15 Baths
10,331 SqFt
$ 2,200,000
Est. payment | /mo
19 Beds
15 Baths
10,331 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,331 sqft
Price per Sqft $212
MLS Listing ID 26992353
Bedrooms 19
HOA Y/N No
Year Built 1960
Lot Size 0.307 Acres
Property Description
We are pleased to present 10130 S. Inglewood Avenue, a 15-unit multifamily investment opportunity in Inglewood, offered at $2,200,000 ($146,667/unit, $212/SF), reflecting a 6.12% cap rate and 8.05 GRM on in-place income. The property is configured as a single two-story, wood-frame and stucco structure in a U-shaped layout centered around a courtyard with an in-ground pool, complemented by a diverse unit mix of one-, two-, and three-bedroom floor plans catering to a broad range of renter profiles. Significant ADU potential exists through the conversion of the property's exterior carports and rear tuck-under parking spaces, an opportunity supported by the gated, remote-access parking configuration (buyer to verify feasibility). All units feature recently replaced windows, a meaningful capital improvement already completed by ownership, while Unit 6 is currently undergoing renovation with new interior paint, offering a model for continued value-add work throughout the remaining units. The property offers 15 total parking spaces, comprised of 5 tuck-under spaces and 10 carport spaces, each with dedicated storage located above, all accessed through a gated, remote controlled entrance. On-site laundry is served by a dedicated 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 gas and electricity, with Centron electric meters and newer Square D circuit breakers on both sides of the meter bank, simplifying ownership and reducing owner-paid utility expense exposure.
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 15
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4036001023
Special Listing Condition Standard
Listed by Neema Ahadian Marcus & Millichap #01346750
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