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

Type

Apartment

Bedrooms

5

Building size

5,528 sqft

Lot size

6,010 sqft

Year built

1956

Stories

2

Garage spaces

5

Heating

None

Cooling

None

Pool

None

Status

Active

Days on market

0

MLS #

245742538

About this property

Exceptional investment opportunity in one of Inglewood’s most sought-after locations, just blocks from Intuit Dome, SoFi Stadium, YouTube Theater at Hollywood Park. This well-maintained property has benefited from the Inglewood Sound Abatement Program, with upgrades including updated electrical, new dual-pane windows, new doors and new AC units in are unit. The property features an excellent unit mix: (1) 3b/2b, (2) 2b/1b, (2) 1b/1b, offering strong tenant demand and income stability. Currently operating at an attractive 10.77 GRM & 5.91% Cap Rate, with approximately 13% rental upside, presenting investors with immediate cash flow. Offering Memorandum attached with detailed rent roll, expense breakdown, and additional property information. ADJACENT 5-UNIT PROPERTY ALSO AVAILABLE FOR SALE: 10632 Crenshaw Blvd, presenting a rare opportunity to acquire 10 units side-by-side in a rapidly appreciating Inglewood submarket.

Location

10636 Crenshaw Blvd

Inglewood, Los Angeles, CA, 90303