10329 S Inglewood Avenue
Inglewood, CA 90304
- – beds
- – baths
- – sqft
- 8,164 sqft lot
- 1952 build
- – on site
Current 5.91% cap and 11.41 GRM with ADU opportunity! Once stabilized and ADUs are built out, the property will operate at a 9.18% cap and 7.95 GRM. 10329 S Inglewood Ave is a stunning asset and perfect for any investor looking to capitalize on the Inglewood market. Beautifully renovated 6 unit building located near SoFi Stadium, Intuit Dome and Hollywood Park Development. 3/6 units have gone extensive renovations including new floors, cabinets, fixtures, bathrooms and appliances. The subject property has been professionally managed and is a low-maintenance, high cash flowing asset. Inglewood Ave is currently operating at a 5.91% cap and 11.41 GRM with upside. Take advantage of 5.25% interest rate, fixed for 5 years with only 27% down! The property is comprised of (6) 2Bed+1Bath units with the opportunity to add (2) ADUs above the rear parking structure. Once the ADUs are constructed and the all units are rented at market, the property will operate at a 9.18% cap rate and 7.95 GRM. With a oversized lot and large carport, no parking will be taken away when the ADUs are constructed. There is plenty of parking on-site, as well as a laundry room. This is ideal for any investor looking for a low-maintenance, high cash flowing asset that still has room for additional income. With close proximity to SoFi, Intuit and Hollywood Park Development, 10329 S Inglewood Ave supports high rental income with even better upside and will appreciate greatly due to location.
Last checked:
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Last updated Mar 6, 2025
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MLS# SB25042712 —
The Building
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Year Built:1952
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4032.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:Two
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Entry Location:1
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Laundry:Community
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Laundry:1
Location
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Directions:On Inglewood, Just South of Century
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Latitude:33.94214600
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Longitude:-118.36166100
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LCC2YY
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Lot Features:0-1 Unit/Acre
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Lot Size Area:8164.0000
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Lot Size Acres:0.1874
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Lot Size SqFt:8164.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6015.01
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Tax Tract:323
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Tax Lot:211
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4038020002
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Showings Begin:2025-02-27
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Pool:None
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Senior Community:No
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Listed / Active | CRMLS_CA | $1,675,000 | 31.4% (5.6% / YR) |
|
7/12/19
Jul 12, 2019
|
CRMLS_CA | $1,275,000 |
