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Residential Income — 10901 S Freeman, Inglewood, CA

$2,000,000

10901 S Freeman, Inglewood, CA

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About this property

Prime value-add investment opportunity just 1.5 miles from SoFi Stadium: 9 total units (4 duplexes plus a separate house) on a large 19,653 sqft lot, priced at a 14.68 GRM with an estimated 45% upside in rental income. The back house was built in 1924 and the 4 duplexes were built between 1955 and 1960. 2 of 9 units are already remodeled with some remaining units featuring upgraded flooring and/or kitchen cabinets. Full electrical system replacement completed in 2024. The lot offers 8 enclosed carport spaces plus a separate oversized garage, ideal for ample parking or a potential ADU opportunity (buyer to verify with city). All units include in-unit washer/dryer hookups. A strong candidate for value-add investors or 1031 exchange buyers near one of LA's fastest-growing entertainment corridors.

Property details

Year built
1924
Property type
Residential Income
Lot size
19,653 sqft

Location

10901 S Freeman • Inglewood, CA 90304

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Listed by

Kristen Mussenden · Buckingham Investments, Inc

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