N/A
Bedrooms
$1,595,000
FOR SALE632 Manchester Drive
Inglewood, CA
MLS# SB26237362
Apartment
2 days on marketNalren refreshed
Listing Agent
Property Details
N/A
Bathrooms
N/A
Square Feet
1963
Year Built
6,962 sqft
Lot Size
N/A
Price/Sq Ft
3
Garage Spaces
N/A
HOA
Apartment
Property Type
Description
Prime Inglewood 5-unit value-add investment opportunity located less than a 5-minute walk from SoFi Stadium and The Forum. The property features two 2-bedroom/1.75-bath units and three 1-bedroom/1-bath units, with spacious floor plans of approximately 900–1,000 square feet. Offered at $319,000 per unit and $326 per square foot, the property offers approximately 25% rental upside with a projected Pro Forma 6.9% CAP and 11.2 GRM. The property features select remodeled units, A/C in all units, on-site laundry, and an all-electric configuration with no gas expense. Recent improvements include an approximately 5-year-old roof, exterior paint, and water-efficient landscaping. Additional value-add potential includes adjacent double and single-car garages with possible ADU conversion, subject to buyer verification. Strong location, large units, rental upside, and ADU potential make this a compelling value-add opportunity in the heart of Inglewood.
Facts & Features
Interior
- Laundry Features
- Community Laundry
Exterior
- Private Pool
- No
- Lot Features
- Rectangular Lot
Building
- Year Built
- 1963
- Building Area Total
- 4,890
- Levels
- Two
- Stories Total
- 2
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water Source
- Public
Parking
- Garage Spaces
- 3
- Parking Total
- 3
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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CRMLS
MLS# SB26237362
Listed:
Nalren refreshed:
Last updated
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Listed by: Compass
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.