Inglewood Homes with Apartment Subtype

Inglewood Homes with Apartment Subtype

Welcome to Inglewood, California – a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural heritage, Inglewood offers a unique blend of urban living and suburban charm, making it a desirable destination for families, professionals, and investors alike. With its close proximity to the bustling city of Los Angeles, residents enjoy easy access to world-class entertainment, dining, and shopping, while still relishing the warmth of a tight-knit community.

Inglewood's real estate market is thriving, particularly in the realm of homes with apartment subtypes. These properties provide an excellent opportunity for multi-generational living or investment potential, as they often feature separate entrances and living spaces. Imagine owning a property where you can reside comfortably while generating rental income from the additional unit. This flexibility is perfect for those looking to make the most of their investment.

The homes in Inglewood boast a variety of architectural styles, from charming bungalows to modern complexes, catering to diverse tastes and budgets. With a commitment to revitalization and community development, the city has seen a surge in renovations and new construction, enhancing the overall appeal of the area.

Inglewood is also home to several parks, recreational facilities, and a growing arts scene, making it an ideal place for outdoor enthusiasts and culture lovers. Whether you're strolling through the scenic parks or attending a local event, you'll find that Inglewood is a city full of life and opportunity. Explore the potential of homes with apartment subtypes in this dynamic community, and discover your perfect piece of California paradise!

Newest Inglewood Homes with Apartment Subtype

$2,100,000
SB26148433 MLS Active Status
500 S Inglewood Avenue is a well-maintained seven-unit multifamily property situated on a 10,015 square foot lot in one of Inglewood's most desirable residential neighborhoods. Built in 1964, the property consists of an attractive unit mix of one (3-Bedroom/2.5-Bath) townhouse-style unit, three (2-Bedroom/2-Bath) units, and three (1-Bedroom/1-Bath) units, totaling approximately 7,726 square feet of rentable building area. Offered at a 4.78% Current CAP Rate and 11.22 Current GRM, the property provides investors with significant rental upside through the repositioning of below-market rents. Upon stabilization, the asset offers a projected 5.95% Market CAP Rate and 9.86 Market GRM, presenting an excellent opportunity to increase cash flow over time. The property features eight carport parking spaces and two enclosed garage spaces, along with an attractive courtyard-style layout that enhances tenant appeal. The spacious unit mix, desirable parking ratio, and well-maintained common areas contribute to the long-term stability and desirability of the investment. Conveniently located near LAX, SoFi Stadium, Intuit Dome, Hollywood Park, the Metro K Line, and major transportation corridors including the 405 and 105 Freeways, the property benefits from exceptional access to employment centers, entertainment destinations, and retail amenities throughout the South Bay and greater Los Angeles area. This offering presents an opportunity to acquire a quality multifamily asset with stable in-place income and meaningful long-term appreciation potential.

500 S Inglewood, Inglewood

$5,200,000
PW26117557 MLS Active Status
720 N Market Street in the growing North Inglewood sub market of Los Angeles. This 16-unit multifamily asset represents a compelling opportunity to acquire a fully renovated, turnkey property with strong in-place cash flow and operational stability. This unique property has undergone major capital improvements in recent years, and is a standout in the neighborhood. Renovations include; new solar panels, all 16 units remodeled, 88 windows replaced, electrical panel upgraded, 16 sub-panels upgraded, 16 Nest thermostats, Copper re-pipe of entire building, new roof, new HVAC system, security system and gated entry. With approximately $750,000 already invested in this property, new ownership can be confident in their operations and the longevity of the asset. Located within walking distance to the new Metro Purple line, this property is strategically located for both tenants that commute and those that work in Los Angeles and the South Bay. Within a 5 mile radius employers include; LAX Airport, SpceX, Intuit Dome, KIA Forum, SoFi stadium, Northrop Grumman, Kaiser Permanente and multiple hospitals. The location of this asset cannot be overlooked, with major employers nearby and the ongoing development happening in Inglewood, this asset is truly positioned in a growing market now, and in the future. With the upcoming FIFA World Cup and the 2028 Olympic Games, 720 N Market St is located in a market that will likely reach new heights. An investor has the chance to own an already well performing asset, in a growing market, where cash flow is consistent from day one with a high potential of capital growth and increased monthly cash flow.

720 N Market, Inglewood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.