Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.
| MLS # | 26872231 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 92 |
| Listing Provided By | Shield CRE, Inc. | Jonathan Nikfarjam |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 4,152 |
| Garage | 5 |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | INM1L* |
| Acreage | 0.16 |
| Parking Features | Garage |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90303 |
| Area | 102 South Inglewood |
| Listing VS Median (in 90303) | |
Price: $1,295,000 low | high Med: $790,000 sqft: 4,152 low | high Med: 1,370 $ / sqft: $312 low | high Med: $577 On site: 92 low | high Med: 86 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90303 |
| Area | 102 South Inglewood |
| Listing VS Median (in 90303) | |
Price: $1,295,000 low | high Med: $790,000 sqft: 4,152 low | high Med: 1,370 $ / sqft: $312 low | high Med: $577 On site: 92 low | high Med: 86 | |
![]() | $1,200,00010210 S 10thInglewood, CA 90303 |