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10-Bedroom Residential Income - 1022 Larch Street, Inglewood, CA

$1,395,000

1022 Larch Street, Inglewood, CA

MLS# 26103107

1022 Larch Street, Inglewood, CA 90301 - $1,395,000 · 10 bd 6 ba Multi-Family Home for Sale, photo 1 1022 Larch Street, Inglewood, CA 90301 - $1,395,000 · 10 bd 6 ba Multi-Family Home for Sale, photo 2 1022 Larch Street, Inglewood, CA 90301 - $1,395,000 · 10 bd 6 ba Multi-Family Home for Sale, photo 3 1022 Larch Street, Inglewood, CA 90301 - $1,395,000 · 10 bd 6 ba Multi-Family Home for Sale, photo 4 1022 Larch Street, Inglewood, CA 90301 - $1,395,000 · 10 bd 6 ba Multi-Family Home for Sale, photo 5
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Description

We are pleased to present the exclusive offering of 1022 Larch St, a well-maintained 5-unit apartment building located in the heart of Inglewood, California. This offering presents an attractive opportunity to acquire a fully occupied multifamily asset with strong in-place cash flow and compelling investment fundamentals. Constructed in 1962, the property consists of 4,214 square feet of rentable building area situated on a 6,337 square foot lot. The property features a desirable unit mix of one 1-bedroom/1-bathroom unit, three 2-bedroom/1-bathroom units, and one 3-bedroom/1.5-bathroom unit, providing a variety of spacious layouts to accommodate a broad range of tenant needs. The property is well maintained and offers investors the opportunity to acquire an established income-producing asset without the immediate leasing requirements associated with vacant properties. With 100% occupancy, the building provides attractive day-one income and a stable foundation for continued ownership. Additional operational benefits include an on-site laundry facility and five garages, offering convenient amenities for residents while enhancing the property's overall appeal. Offered at $1,395,000, the property generates an attractive 6.48% current capitalization rate and 9.80 gross income multiplier (GIM), with potential to improve performance to a 7.58% pro forma capitalization rate and an 8.77 pro forma GIM. The property also benefits from an existing Ratio Utility Billing System (RUBS), allowing ownership to recover a portion of utility expenses and support net operating income. Ideally located near SoFi Stadium, the Hollywood Park development, the Intuit Dome, and major employment and transportation corridors, the property benefits from its position within one of Southern California's evolving rental markets. The surrounding area continues to attract investment and attention, providing a compelling location for investors seeking exposure to the Inglewood multifamily market. 1022 Larch St represents an excellent opportunity for both first-time multifamily investors and experienced owners seeking a fully occupied, cash-flowing asset with attractive in-place returns, additional pro forma upside, and desirable property amenities.

Property details

Bedrooms
10
Bathrooms
6
Square feet
4,214
Year built
1962
Property type
Residential Income
Lot size
6,337 sqft

Location

1022 Larch Street • Inglewood, CA 90301

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Listing Agent

John Katnik

DRE #: 02002695

Brokerage: BRC Advisors- BH

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Sale history for 1022 Larch Street

CRMLS

MLS# 26103107

Listed: 10/19/2026 8:56 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/19/2026 3:58 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: BRC Advisors- BH

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.

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Nalren Corp. · CA DRE #02423715