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$2,100,000

Pending

500 S Inglewood

Inglewood, CA

MLS# SB26148433

Apartment
116 days on marketNalren refreshed

Listing Agent

Brett Lyon

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 01717818

(310) 780-1899

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Woody Stahl

Co-Listing Agent

Lyon Stahl Investment Real Est

DRE #: 01399621

Brokerage: Lyon Stahl Investment Real Est

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1964

Year Built

0.23 acres

Lot Size

N/A

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Six To Ten Units Acre

Building

Year Built
1964
Building Area Total
7,726
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
2
Parking Total
10

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