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10329 Inglewood Avenue, Inglewood, CA 90304
Priced at Only: $1,675,000
For more Information Call
Mobile: 714.478.6676
Address: 10329 Inglewood Avenue, Inglewood, CA 90304
Property Photos

Property Location and Similar Properties
- MLS#: SB25042712 ( Apartment )
- Street Address: 10329 Inglewood Avenue
- Viewed: 3
- Price: $1,675,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1952
- Bldg sqft: 0
- Days On Market: 37
- Additional Information
- County: LOS ANGELES
- City: Inglewood
- Zipcode: 90304
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Cameron Cameron
- DMCA Notice
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DescriptionCurrent 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.
Features
Building Area Total
- 4032.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 15
Electric Expense
- 0.00
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Laundry Features
- Community
Levels
- Two
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 99035.00
Parcel Number
- 4038020002
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 432988911:CRM
Totalexpenses
- 43357.00
Trash Expense
- 0.00
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1952
Year Built Source
- Assessor
Zoning
- LCC2YY

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com