Property Detail
Description
Located on a quiet, tree-lined street in the heart of North Inglewood, this prime 6-Unit Investment Property in North Inglewood boasts an actual CAP rate of 5.99% and GRM of 11.58, with a market CAP rate of 6.2%. This well-maintained 6-unit asset offers investors strong in-place income and long-term upside in one of Los Angeles' fastest-growing markets. Just minutes from SoFi Stadium, the Hollywood Park redevelopment, and the future Crenshaw Metro line, the location offers tremendous tenant demand and future appreciation potential, providing solid returns with room to grow. All units have been tastefully upgraded with laminate flooring, modern finishes, and stainless steel appliances. Additional improvements include a newer roof, copper plumbing, and fresh exterior paint. Zoned R3, the site also offers future development flexibility. This is an ideal opportunity for both seasoned and first-time multifamily investors looking for a low maintenance and consistent cashflow asset.
Map Location
Listing provided courtesy of Bethany Woolf of Californian Estates. Last updated 2025-09-15 08:12:10.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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