Est. cap rate

2.6%

Assumed rent, all units

$8,010/mo

Units

3

Price per unit

$625,926

Est. annual NOI

$48,060

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

7

Building size

4,750 sqft

Lot size

4,750 sqft

Year built

2022

Stories

2

Garage spaces

4

Pool

None

View

City Lights

Status

Active

Days on market

156

MLS #

240992370

About this property

LUXURY INVESTMENT PROPERTY JUST REDUCED TO $1,877,777 Where Luxury Living Meets Exceptional Investment Some properties generate income. Others create opportunity. This extraordinary newly constructed luxury triplex delivers both. Perfectly positioned in the heart of Inglewood's booming entertainment district, this one-of-a-kind property offers an incredible combination of modern luxury, immediate cash flow, and long-term appreciation potential. Two residences are already producing approximately $8,250 per month, while the third residence is vacant and ready for an owner-occupant, premium tenant, or additional income opportunity. Even better, the property has received City of Inglewood approval for Airbnb, giving the next owner the flexibility to capitalize on one of Southern California's most desirable short-term rental locations. From the moment you arrive, the striking contemporary architecture and impressive curb appeal set this property apart. Inside, every residence has been thoughtfully designed with upscale finishes, featuring beautiful designer kitchens, luxurious bathrooms, spacious bedrooms, premium flooring, and elegant modern touches throughout. The upstairs residence includes a private balcony offering relaxing neighborhood views. Adding even more value, the property is offered fully furnished, allowing the next owner to begin generating income immediately without the expense and hassle of furnishing each residence. Parking is another standout feature, with an uncommon combination of two oversized two-car garages plus two additional one-car garages, providing convenience for residents and guests alike. Located just minutes from SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park, and the expanding entertainment and business district, this property is ideally positioned to benefit from year-round concerts, NFL games, NBA events, World Cup activities, tourism, and continued economic growth throughout Inglewood. Why You'll Love It • City of Inglewood Approved for Airbnb • Two Units Currently Producing Approximately $8,250 Monthly • One Vacant Luxury Residence Ready for Immediate Use • Sold Fully Furnished • Contemporary Finishes Throughout • Private Balcony with Views • Two Two-Car Garages + Two One-Car Garages • Minutes from SoFi Stadium, Intuit Dome, Kia Forum & Hollywood Park • Outstanding Opportunity for Investors or Owner-Occupants

Location

1013 E La Palma

Inglewood, Los Angeles, CA, 90301