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 diversity and dynamic community spirit, Inglewood is rapidly becoming one of the most sought-after locations in Southern California. With a perfect blend of urban convenience and suburban charm, this city offers residents an exceptional quality of life.

Inglewood boasts an array of amenities, including trendy shops, diverse dining options, and lush parks, making it an ideal place for families and young professionals alike. The city is also home to the iconic SoFi Stadium, which hosts major sporting events and concerts, bringing excitement and energy to the area. With easy access to the 405 and 105 freeways, commuting to downtown Los Angeles or the nearby beaches is a breeze, allowing residents to enjoy the best of both worlds.

When it comes to real estate, Inglewood offers a unique selection of homes, particularly those with apartment subtypes. These properties provide an excellent opportunity for investors and homeowners alike, blending comfort with potential income generation. Whether you’re looking for a multi-family unit or a cozy apartment to call your own, Inglewood’s housing market is diverse enough to meet your needs.

As the city continues to grow and evolve, now is the perfect time to explore the housing options in Inglewood. Embrace the charm of this thriving community and discover your dream home in one of California’s most exciting cities.

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.