9-Bedroom Residential Income — 10242 S 10th Avenue, Inglewood, CA

About this property

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.

Property details

Location

10242 S 10th Avenue • Inglewood, CA 90303

More homes for sale and rent in Inglewood, CA →

Listed by

Jonathan Nikfarjam · Shield CRE, Inc.

Nearby listings in Inglewood, CA

• 440 W Fairview Boulevard, Inglewood, CA · $1,499,950
• 701 Walnut Street, Inglewood, CA · $1,199,000
• 8713 S 7th Avenue, Inglewood, CA · $1,049,900
• 7000 S. La Cienega Blvd. S 29, Inglewood, CA · $485,000
• 727 N Eucalyptus Avenue 18, Inglewood, CA · $329,995
• 6514 S Copperwood Avenue, Inglewood, CA · $1,699,000
• 642 E Fairview Boulevard, Inglewood, CA · $1,999,000
• 642 E Fairview Boulevard, Inglewood, CA · $1,999,000
• 322 Magnolia Avenue, Inglewood, CA · $3,975/mo
• 1218 N Park Avenue, Inglewood, CA · $799,000
• 620 W Hyde Park Boulevard 103, Inglewood, CA · $470,000
• 384 Hargrave Street 1/2, Inglewood, CA · $3,300/mo

See all homes in Inglewood, CA