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For SaleLuxury

$2,850,000

13,052 sqft$218/sqft46 days on market

10206 S Inglewood Avenue

Inglewood, CA 90304

· 8% down, 7% APR, 30yr fixed

20

Beds

20

Baths

13,052

Square feet

1963

Built

Listing narrative

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.

Listing agent (MLS): Neema Ahadian · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$2,850,000

Beds

20 bd

Type

House

Home Size

13,052 sqft

Baths

20

Lot Size

0.29 acres

Year

1963

Status

For Sale

Days on Market

46

$ / Sqft

$218

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap