Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

9

Building size

6,443 sqft

Lot size

9,971 sqft

Year built

1960

Stories

2

Cooling

None

Pool

Community

Status

Active

Days on market

159

MLS #

241323361

About this property

Huge Price Reduction!! We are pleased to present the exclusive offering of 435 W Regent St, a turnkey apartment community located in the heart of Inglewood. This asset represents a rare opportunity to acquire a fully renovated, high-quality 9-unit apartment building just minutes from SoFi Stadium and the Hollywood Park development. Originally constructed in 1960, the property consists of approximately 6,443 rentable square feet situated on a 9,971 square foot lot. The current ownership has completed extensive renovations, with 6 of the 9 units fully upgraded with high-end finishes. All units feature in-unit washer and dryers, a highly desirable amenity that supports premium rents and strong tenant retention. The property also includes 9 covered parking spaces. The asset demonstrates strong in-place performance, currently operating at a 6.11% cap rate and 10.62 GRM, with upside to a projected 6.81% cap rate and 9.77 GRM upon stabilization. The property is individually metered for gas and electricity and benefits from an existing RUBS (Ratio Utility Billing System) program, allowing ownership to recapture a portion of utility expenses and further enhance net operating income. Positioned in one of Southern California's most rapidly evolving rental markets, 435 W Regent St offers investors stable cash flow, strong rental demand, and long-term appreciation potential.

Location

435 W Regent Street

Inglewood, Los Angeles, CA, 90301