Est. cap rate

4.1%

Assumed rent, all units

$8,960/mo

Units

4

Price per unit

$331,250

Est. annual NOI

$53,760

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

Quadruplex

Bedrooms

4

Building size

3,908 sqft

Lot size

5,300 sqft

Year built

1960

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

35

MLS #

245964698

About this property

Outstanding North Inglewood Location: Well-positioned asset located in close proximity to SoFi Stadium, The Forum, and Intuit Dome, placing this asset in the heart of Inglewood's growing sports and entertainment corridor. Well-Maintained Fourplex on a Generous Lot: Built in 1960, this 3,908-SF building sits on a 5,300-SF lot in the heart of the historic Market Street corridor, steps from downtown Inglewood's ongoing revitalization. Outstanding Unit Mix: Excellent unit mix consisting of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, plus an on-site laundry room offering additional income potential. Recent Capital Improvements: Roof reported to be approximately 8 years old. Value-Add & ADU Opportunity: The property's detached garage and under-building garage present potential conversion opportunities for ADU units, subject to City of Inglewood zoning and lot coverage requirements (Buyer to Verify).

Location

304 N Market

Inglewood, Los Angeles, CA, 90302