Inglewood CA Multi Family for Sale

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

We're proud to present 579 Hyde Park Place located in the highly desirable northwest Inglewood area. This 7-unit apartment building is an opportunity for an investor to own a value-add asset in a high demand rental market with tremendous growth potential in the City of Champions. On the market for the first time in over 50 years, the property features a total of 7-units comprised of a desirable mix of (1) two-bed/one-bath and (6) one-bed/one-bath units. Parking is at the rear of the property along with a separate laundry room. Units are individually metered for electricity and gas keeping utility costs relatively low. A buyer can capitalize on the tight rental market and rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Average new lease rates in the neighborhood result in over 42% upside. Located a short drive away from the site of the SoFi Stadium and Entertainment District & recently completed Intuit Dome. The Intuit Dome is expected to generate around $260 million in economic activity for the city of Inglewood. The future is looking bright for the city of Inglewood and this investment is an opportunity to own a piece of that growth. Please reach out to LA for full marketing package.

ADDITIONAL INFORMATION

Rare chance to acquire a meticulously maintained 9-unit complex, offered for the first time in nearly 30 years. Located just blocks from Ladera Heights and steps from Amazon Fresh, Chipotle, and Starbucks, this pride-of-ownership property presents significant upside potential. Amenities include an on-site laundry facility, nine parking spaces, and a common-area pool. Eight of the nine units have been renovated between 2009 and 2021, yet current rents remain approximately 36% below market despite increases in September 2024. Recent Upgrades (2013–2022): - Pool and deck resurfacing, drainage to code - Roof replacement (2014/2019) - New handrails, entry gate, and LED carport lighting - Walkway resurfacing, concrete leveling, and exterior paint - SB721 compliant: owner has completed the required inspections of balconies, decks, and elevated walk ways. Additional Value-Add Potential: Under CA State Bill SB1211, the property qualifies for the addition of (4) 450 sq. ft. 1BD/1BA ADUs, boosting cash-on-cash returns to 8.69% at pro forma rents. Beginning January 2025, rental increase limits will align with California’s 5% + CPI cap, providing a pathway to market rents faster.

ADDITIONAL INFORMATION

PRIME NW Inglewood Location. 8 unit apartment complex with recently upgraded Electrical panels and Roof (approx 10 yrs old). Great unit mix with a mix of Large One Bedrooms (8) and Two Bedroom One Bath Units (3). Price to Sell with a potential 6%+ Cap. Long Term tenants with significant upside in rents (Rent Roll attached). City of Inglewood allows a generous annual rent increase of 8.9% when rents are below their 80% FMR (Fair Market Value) which applies to all of the residents. This asset is NOT Subject to LA City or LA County Rent Control restrictions. Low Cost of operations as each tenant pays their own Hot Water with individual Hot Water Heaters in each unit. Tenants also benefit from a Gas servicing each unit (as with individual meters) and Individual Electric Meters. Common area laundry on site (Vender has MTM Agreement). Parking area consists of Open Spaces (3), Carports (3), a 2 car enclosed garage plus and additional single car enclosed garage. Amazing street presence. Pride of Ownership asset. Seller (and partners) has owned this asset for 24+ years and is retiring / dissolving the partnership. No Seller carrybacks of financing offers are considered. Other recent upgrades: SB 326 Balcony requirements: Inspected and Repairs completed with permits by National Deck. Stairway railings brought up to current code height and spacing requirements. Main Gas Meters updated with Earthquake Shut off Valves - to comply with Insurance Requests.

ADDITIONAL INFORMATION

Welcome to this beautifully maintained triplex, an exceptional investment opportunity or ideal for multi-generational living! Located in the vibrant city of Inglewood, this property offers convenience, comfort, and potential. Property Highlights: Spacious Units: Each of the three units features generous living spaces, abundant natural light, and unique layouts, making them perfect for residents seeking a cozy home. All units are 1 bedroom and 1 bathroom, ensuring a contemporary living experience. Prime Location: Just minutes away from the SoFi Stadium, Hollywood Park, shopping, and dining options, with easy access to public transportation and major highways. Investment Potential: This triplex is not only a wonderful place to call home but also a smart investment. With strong rental demand in the area, you’ll benefit from attractive income potential. Whether you’re an investor looking to expand your portfolio or a homeowner seeking extra income, this triplex is a must-see! Schedule your viewing today and explore the possibilities!

ADDITIONAL INFORMATION

Welcome to this charming 2 bed, 1.5-bath, split level condo in the heart of Inglewood! Offering 1059 square feet of living space, this home features a spacious family room on the main level with two cozy bedrooms upstairs, providing privacy and separation of living areas. Unwind after a long day in the community’s sparkling pool and jacuzzi. Prioritizing safety and privacy, this gated community at Las Casitas features a remote-controlled gate that leads to the parking garage, which offers two side-by-side parking spaces and generous storage boxes. Situated in an ideal location, you're just minutes away from top attractions like SoFi Stadium, Hollywood Park, the Kia Forum, the upcoming Clipper's Stadium, and the iconic Randy's Donuts. With easy access to the 405 Freeway, it’s a breeze to enjoy your next getaway out of LAX. The prime location of this condo offers the best of Inglewood at your doorstep. Currently tenant-occupied, this property presents an excellent opportunity for investors to collect income immediately, or for owner-occupiers looking to settle in after the lease term expires. Don't miss out on this rare opportunity to own a piece of one of LA's most exciting neighborhoods!

ADDITIONAL INFORMATION

Welcome to this charming 2 bed, 1.5-bath, split level condo in the heart of Inglewood! Offering 950 square feet of living space, this home features a spacious family room on the main level with two cozy bedrooms upstairs, providing privacy and separation of living areas. Unwind after a long day in the community’s sparkling pool and jacuzzi. Prioritizing safety and privacy, this gated community at Las Casitas features a remote-controlled gate that leads to the parking garage, which offers two tandem parking spaces and generous storage. Situated in an ideal location, you're just minutes away from top attractions like SoFi Stadium, Hollywood Park, the Kia Forum, the upcoming Clipper's Stadium, and the iconic Randy's Donuts. With easy access to the 405 Freeway, it’s a breeze to enjoy your next getaway out of LAX. The prime location of this condo offers the best of Inglewood at your doorstep. Currently tenant-occupied, this property presents an excellent opportunity for investors to collect income immediately, or for owner-occupiers looking to settle in after the lease term expires. Don't miss out on this rare opportunity to own a piece of one of LA's most exciting neighborhoods!

ADDITIONAL INFORMATION

Welcome to this charming 2 bed, 1.5-bath, split level condo in the heart of Inglewood! Offering 1059 square feet of living space, this home features a spacious family room on the main level with two cozy bedrooms upstairs, providing privacy and separation of living areas. Unwind after a long day in the community’s sparkling pool and jacuzzi. Prioritizing safety and privacy, this gated community at Las Casitas features a remote-controlled gate that leads to the parking garage, which offers two side-by-side parking spaces and generous storage boxes. Situated in an ideal location, you're just minutes away from top attractions like SoFi Stadium, Hollywood Park, the Kia Forum, the upcoming Clipper's Stadium, and the iconic Randy's Donuts. With easy access to the 405 Freeway, it’s a breeze to enjoy your next getaway out of LAX. The prime location of this condo offers the best of Inglewood at your doorstep. Currently tenant-occupied, this property presents an excellent opportunity for investors to collect income immediately, or for owner-occupiers looking to settle in after the lease term expires. Don't miss out on this rare opportunity to own a piece of one of LA's most exciting neighborhoods!

ADDITIONAL INFORMATION

This exceptional five-unit investment property offers incredible potential in one of North Inglewood’s most sought-after neighborhoods. It features four spacious two-bedroom, one-bath units and one one-bedroom, one-bath unit, with 4 of the units boasting private garages. The property also includes two courtyards, perfect for creating inviting outdoor spaces for tenants. Its prime location is close to major attractions such as the future Clippers Arena, Kia Forum, LAX, SoFi Stadium, shopping hubs, and the scenic Beach Cities. With the growing demand for housing in the area, this property is a true diamond in the rough. Renovating and upgrading offers an outstanding opportunity to significantly boost rental income and maximize long-term returns. Don’t miss out on this rare opportunity to own a multi-unit property with unlimited potential in a thriving neighborhood!

ADDITIONAL INFORMATION

Welcome to this charming residence located in Inglewood. This inviting home features four spacious bedrooms and two well-appointed bathrooms, providing ample space for comfortable living. The interior boasts beautiful hardwood flooring throughout, enhancing the warmth and elegance of the space.The kitchen is a culinary delight, equipped with stunning granite countertops, stainless steel appliances and custom cabinets that offer both style and functionality. An attached junior accessory dwelling unit provides additional space and versatility for guests, family, or potential rental income.This property sits on a generous lot, zoned R3, offering excellent opportunities for future investments. The detached garage adds convenience and extra storage. Ideally situated near the Sofi Stadium, shopping centers, LAX airport, and beautiful beaches, this location provides easy access to entertainment and travel, making it perfect for both homeowners and investors alike.

ADDITIONAL INFORMATION

This offering presents a great opportunity for an investor to acquire an asset with a strong unit mix, great Centinela Heights location, and potential to add value by developing three ADU’s (buyer to verify) and capturing 18 percent upside in current rents. 517 Evergreen Street is a 1962 construction with a desirable mix of one studio, one standard one-bed/one-bath unit, six oversized one-bed/one-bath units with dens, and five two-bedroom/two-bath units. An investor could potentially develop two studio ADU’s and one one-bed/one-bath ADU (buyer to verify). The property boasts an amenities package that includes a pool, on-site laundry, ample covered parking, controlled access, and attractive landscaping. This asset is located in Inglewood’s desirable Centinela Heights neighborhood near the intersection of Centinela Avenue and La Cienega Boulevard. Tenants enjoy easy walking distance to a Smart & Final Grocery Store and convenient proximity to numerous retailers, including Ralphs, Bath & Body Works, Chipotle, Yogurtland, Ross Dress for Less, Panda Express, Chick-Fil-A, CVS, Marshalls, and many others. Furthermore, the 405 Freeway is just a mile away, making this an excellent rental option for commuters.

ADDITIONAL INFORMATION

Henry Liao is proud to present 811 Centinela Ave, Inglewood, California. Located in Prime North Inglewood area. This Turnkey, well-maintained, newly improved/remodeled Asset is a 13-unit apartment building. Originally constructed in 1958, with a building size of 9234 SF and a large lot size of 11,571 SF. The property’s unit mix consists of (11) 1-bed/1-bath units and (2) 2-bed/1-bath units. The property has a 11 garaged parking spaces with security fencing currently being installed in the back of the property. The building also includes an on-site laundry room and solar hot water heater system. 811 Centinela is part of portfolio package that includes 850-902 Centinela Ave, located across the street. Large rent upside potential Highly desirable area in Inglewood Assumable Loan Great unit mix of (2) 2-bed/1 bath and (11) 1 bed/1 bath. On site laundry facility Solar installed for hot water heater Well maintained/turnkey asset New Roof and Gutters in 2019 New Windows in 2019 New Garages doors in 2020 New heater in 2022 for unit 5, 6, 7, 9, 10,12, 13 and unit 11 installed AC Newer double panel window. Over $100,000 plumbing upgrade in recent years. 5 out of 13 units has been recently remodeled/upgraded with new appliances. Unit 9 remodeled in 2020 Unit 10 remodeled in 2021 Unit 11 r

ADDITIONAL INFORMATION

Outstanding North Inglewood Location Located within 2 Miles of SoFi Stadium & The Forum, and 2.5 Miles of Intuit Dome (NBA Clippers Arena) 5.49% Current Cap Rate & 11.83 Current GRM 8.12% Pro-Forma Cap Rate & 8.94 Pro-Forma GRM 4 Units are Less than 80% of Inglewood FMR Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Four) 2-Bedroom/2-Bathroom Units & (One) Non-Conforming Studio Unit Desirable Opportunity to Add Up to 4 ADUs (2 Detached ADUs and 2 Attached ADUs) - Buyer to Verify Non-Conforming Studio Unit Delivered Vacant - Potential to be Converted into an ADU - Buyer to Verify Large 7,501-SF Lot Assumable Loan of Approximately $650,000 at 3.60% Fixed Until July of 2026 Private Balconies & On-Site Laundry Facility Total of 8 Parking Spaces Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla, LAX airport and Upcoming $1 Billion Inglewood Transit Connector Project

ADDITIONAL INFORMATION

Solid north Inglewood 2 Story Mid-Century 5 unit building. 4 of the 5 units have been completely remodeled with new kitchen, bathrooms, and flooring in a modern style. There is 3 car tuck under parking in the rear and a two car garage in the front. There are plans for a 605 square foot ADU in the rear which are included in the purchase price. See link in agent remarks for a copy of the plans. There is a laundry room on premises. The upper units have nice city/tree top views. This is a great property for an investor who is looking for a solid rental property with most of the work already completed and 4 of the 5 units paying market rents.