Est. cap rate

3.1%

Assumed rent, all units

$8,560/mo

Units

4

Price per unit

$418,750

Est. annual NOI

$51,360

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

6

Bathrooms

4

Building size

2,506 sqft

Lot size

6,771 sqft

Year built

1940

Stories

1

Garage spaces

2

Cooling

See Remarks

Pool

None

View

None

Status

Active

Days on market

1

MLS #

246232285

About this property

RARE FULLY RENOVATED QUADPLEX IN THE HEART OF INGLEWOOD. 239 W Hillcrest Blvd is a fully renovated Inglewood quadplex, a rare setup that lets you move in and set market rents from day one. Fully remodeled with modern upgrades including wall insulation, dual-pane windows, new plumbing, electrical, and roof as well as all new appliances, this is a true turnkey building in one of Inglewoods most desirable neighborhoods. The unit mix consists of two 2-bed/1-bath and two 1-bed/1-bath units appealing to Inglewood's deepest renter pools. All of this sits minutes from SoFi Stadium, the Intuit Dome, the Kia Forum, and the expanding Hollywood Park retail and entertainment district, with the Metro K Line's Downtown Inglewood station nearby and the 2028 Olympic Games on the horizon.

Location

239 W Hillcrest

Inglewood, Los Angeles, CA, 90301