For Sale Multi-Family MLS# 26992347

10206 S Inglewood Avenue

Inglewood, CA 90304

$2,850,000

california-regional-mls-rsd logo

About 10206 S Inglewood Avenue

We are pleased to present 10206-10208 S Inglewood Avenue, a 20-unitmultifamily investment opportunity in Inglewood, offered at $2,850,000 ($142,500/unit,$218/SF), reflecting a 6.49% cap rate and 8.07 GRM on in-place income. The property is comprised of two separate structures situated side by side, each configured with a uniform unit mix of one-bedroom/one-bathroom units offering consistent tenant appeal and simplified management. Gated tuck-under parking is accessed directly from Inglewood Avenue, with approximately 20 total spaces split evenly between the two buildings and individual storage located above each space. Interior upgrades include newer windows throughout both buildings, along with select units featuring tile flooring, granite kitchen countertops, and mini-split A/C systems. Each building is served by its own dedicated on-site laundry room, equipped with 2 Speed Queen washers and 2 Speed Queen dryers, providing tenant convenience and an existing income stream. All units are separately metered for electricity, with Centron electric meters and Square D circuit breakers and subpanels serving individual A/C systems and bathroom exhaust fans throughout both structures. A shared playground and recreation area sits behind the two buildings, presenting an opportunity for a new owner to improve landscaping and better activate the common area as an additional property amenity.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1963
Stories
2
Living area
13,052 sqft
Price / sqft
$218
Lot
0.2893
Original price
$2,850,000
MLS #
26992347

Exterior & lot

Features
Parking spaces: 20
Construction
2
Lot
LCC2YY

Schools

District
Lennox Elementary School District

Financial

Parcel
4036002005
Special conditions
Standard

Location

Area
105 - Lennox
County
Los Angeles
Directions
South Inglewood Avenue just South of West Century

Ask about this property

Questions on 10206 S Inglewood Avenue, Inglewood, CA 90304, or want to see it in person?

Listed by Neema Ahadian, Marcus & Millichap

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.