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For SaleLuxury

$2,200,000

10,331 sqft$213/sqft46 days on market

10130 S Inglewood Avenue

Inglewood, CA 90304

· 8% down, 7% APR, 30yr fixed

19

Beds

15

Baths

10,331

Square feet

1960

Built

Listing narrative

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.

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

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,200,000

Beds

19 bd

Type

House

Home Size

10,331 sqft

Baths

15

Lot Size

0.31 acres

Year

1960

Status

For Sale

Days on Market

46

$ / Sqft

$213

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