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5-Bedroom Residential — 221 W Hillcrest Boulevard, Inglewood, CA

$1,269,000

221 W Hillcrest Boulevard, Inglewood, CA

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About this property

Incredible investment opportunity in one of Inglewood's most desirable locations! This prime triplex features approximately 1,901 sq. ft. of existing living space across three residential units, plus a permitted 1-bedroom / 1-bathroom Accessory Dwelling Unit (ADU) currently at ~75% completion with its own separate entry. The main structure consists of two 2-bedroom / 1-bathroom units and one 1-bedroom / 1-bathroom unit. With one of the 2-bedroom units currently vacant, this property offers an ideal setup for an owner-occupant or an investor looking to capture immediate market rents. Completing the remaining finishings on the permitted ADU adds even more upside to unlock a total estimated pro forma monthly income of $7,600 to $9,000 across all four spaces. Situated on a spacious lot with ample on-site parking, residents will enjoy unbeatable access to top entertainment destinations, including SoFi Stadium, Intuit Dome, and Hollywood Park, along with convenient proximity to LAX and the 405 freeway.

Property details

Bedrooms
5
Bathrooms
3
Square feet
1,820
Year built
1939
Property type
Residential
Lot size
5,546 sqft

Location

221 W Hillcrest Boulevard • Inglewood, CA 90301

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Listed by

Rima Rafeh · eXp Realty of California Inc

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