10619 Crenshaw Blvd, Inglewood, CA 90303 | For Sale

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For Sale $1,500,000 ($441.18 per Sq Ft)

$1,500,000 ($441.18 per Sq Ft)
  • (0)
  • 5 Units
  • 3,400 Sq Ft
  • 6,704 Sq Ft
  • Unknown Cap Rate

Description

Excellent prime investment opportunity in the City of Inglewood with approximately 25% upside. This property has been well maintained and a full exterior paint job was just completed. The property previously had airport soundproofing work done which included central air and heat installation, new windows, new doors, and new insulation for every unit. This is a beautiful property that is low-maintenance. Units are under City of Inglewood rent control. The new owner can increase rents over the allowable amount by utilizing the"below market rate rent increase request" option. Own a wonderful property near everything great about the City of Champions such as SoFi Stadium, Clippers Arena, theForum, healthcare, transportation, and more new venues to come. Do not disturb occupants.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,500,000
Property Type Multi-Family
Usable Sqft 3,400
Number of Stories 2 stories
Parking Spots 5 spots
Year Built 1955
Last Sold Unknown
Sold Price Unknown
APN # 4030032018
MLS # 24425825
Property ID 320325213
Lot Sqft 6,704
Zoning INR3YY
Total Units 5
Days on Market 576
Original List Price $1,500,000
Date Updated December 31, 2025
Date Created August 09, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 2 1.00 $1,787 $2,500
Unit #2 1 1.00 $1,795 $2,000
Unit #3 1 1.00 $1,661 $2,000
Unit #4 1 1.00 $1,494 $2,000
Unit #5 1 1.00 $1,529 $2,000
Gross Income (Yr) $ 99,697
Operating Expenses $ 44,634
Net Income (Yr) $ 55,063
Cap Rate3.67%
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Your payment

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Listing Provided By

Melissa Barlow an agent of . Lic #01498928


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