Description
8 prime units north inglewood - on the market for the 1st time in over 40 years! this asset is a gem that shouldn't be overlooked. owned by a former management company/operator that specialized in the city of inglewood for 40+ years (recently retired). this asset is situated 3 short blocks to the new sofi & intuit stadiums, hollywood park casino, la forum, centinela hospital, and within a few miles to lax, spacex, california beaches, + all major freeways (105, 405, 90).
consisting of an outstanding unit mix of seven: 2 bedrooms one bath units and one: (giant) 3 bedroom 3 bath unit, this superior unit mix promotes a very stable tenancy base with 50% of the residents residing on site for over 10 years+ and only 1 vacancy in the last 5 years!
the city of inglewood has its own rent registry department that is deemed by many investors as fair to landlords. rents that are below predetermined market rents can be increased 8.8% annually - see the city of inglewood rent registry site for more information.
upgrades: new electrical panels and subpanels for all units! roof is approx 10 yrs old.
notable amenities: private patio on 3 bedroom unit, 2 units with outdoor patios/decks, covered parking for 8 cars, mtm laundry agreement (upside).
upside: this asset is scheduled to received significant faa noise abatement upgrades in the near future (date to be determined)
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49896135
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1960
- Building Area Total: 6,232
Pool Features
- None
Laundry Features
- Common Area,In Carport
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2013
- Lot Size Source: Assessor
- Lot Size Square Feet: 8768
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Listing Information
Listing Price Information
- Original List Price: 1,995,000
- Listing Contract Date: 2025-05-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4024005009
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Telephone
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: 101 - North Inglewood
- Directions: Arbor Vitea and West of Prairie
- Zoning: INR3
- Source Property Type: Residential Income
- Area: 101 - North Inglewood
- Property SubType: Apartment
Building and Construction
- Property Age: 65
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 2
- Entry Location: 1st 2nd
- Property Attached: Yes
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BuyOwner last updated this listing 06/09/2025 @ 09:35
- MLS: SB25113557
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 6,232 sqft, 8,768 sized lot, and 8 parking. are nearby neighborhoods.