We are pleased to present this Incredibly Rare Opportunity to purchase (3) Units in Inglewood, CA at under $220,000/Unit. With Direct Reference to the MLS, the Year 2021 has seen NO Triplexes in ALL of Inglewood that have either sold, or have been offered for sale, at any price under $240,000/Unit. This - coupled with the fact that the property is located within a half mile of SoFi Stadium, the Hollywood Park Development, and ALL the expansive development therein – should be a strong indicator of the immense value that’s be presented in this offering. In addition to its location, there are ample items to appreciate about the building itself. First, the building boasts a strong Unit Mix of (1) 2 Bed/1 Bath Unit, (1) 1 Bed/1 Bath, and (1) Studio. The 1 Bed/1 Bath unit has recently undergone considerable renovation, and is currently being rented at $1,575/mo. In all, the property is currently operating at a CAP Rate of 3.50%, with significant upside that represents a Pro Forma CAP Rate of 7.50%. From a Value Add Perspective, you will find there to be anywhere from 60%-80% of achievable upside in the Current, In Place Rents. This figure is supported – in large part – by the simple fact that this extraordinary amount of new development is, without question, poised to drive continued rent growth within the submarket in both the Immediate, and Long-Term Forecasts. Further, all (3) Units are Separately Metered for Gas & Electricity, and each is afforded (1) On-Site Parking Space. In total, the (3) Units stretch out to cover 1,510 RSF and sit on 5,818 SF of Highly-Coveted Land. The property is Fully Occupied and will be Delivered As-Is at the Close of Escrow.
Additional Features
- None
- None
- 0-1 Unit/Acre
- One
- None
- Parking spaces: 3.00
- Listing Status: Closed
- Listing Agent: Joshua Barut
(lic# 01971720)
of South Bay
- Listing Office: Lyon Stahl Investment Real Estate, Inc.
(lic# 01972083)
- Selling Agent: Mark Wong
(lic# 02114886)
- CO-Listing Agent: Evelyn Baez Gonzalez
(lic# 02103055)
of South Bay
- CO-Listing Office: Lyon Stahl Investment Real Estate, Inc.
(lic# 01972083)
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Based on information from CRISNet MLS as of 11th August 2026 at 1:25am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
