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212 E Tamarack Ave
Off-Market Call for Pricing
Call for Pricing
- 12 Units
- 9,802 Sq Ft
- 11,750 Sq Ft
- Unknown Cap Rate
Description
We are pleased to present the exclusive offering of 212 E Tamarack Ave, a well-maintained apartment complex in the heart of Inglewood, steps away from SoFi Stadium. This asset presents a rare opportunity to acquire a well-located, high-quality 12-unit apartment building in the heart of Inglewood, walking distance from SoFi Stadium and the Hollywood Park development. Constructed in 1960, the property consists of 9,802 square feet of rentable square feet situated on a 11,747 square foot lot. The units were originally constructed in 1960 as Co-Op units or Own Your Own apartment units. An investor has the future potential to separate each unit and sell the units off individually. Buyer to do own investigation with city of Inglewood and review preliminary title report. The property offers strong in-place income with a current 6.26% cap rate and 10.68 GRM, with upside to a 7.39% pro forma cap rate and 9.40 pro forma GRM upon stabilization. The building is individually metered for gas and electricity keeping utility costs low for the owner. The property includes central AC / heating and soundproof windows and doors. Multiple units have been renovated, and 8 units are on Section 8 vouchers providing strong guaranteed income. Additional highlights include 12 subterranean parking spaces and an on-site laundry facility (leased machines). Positioned in one of Southern California's fastest-evolving rental markets, 212 E Tamarack Ave offers investors durable cash flow, strong rental demand, and a rare opportunity to own an irreplaceable multifamily asset with long-term upside.
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
Property Details
| List Price | $3,250,000 |
| Property Type | Multi-Family |
| Usable Sqft | 9,802 |
| Number of Stories | 2 stories |
| Parking Spots | 12 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4021034026 |
| MLS # | 26640837 |
| Property ID | 322528909 |
| Lot Sqft | 11,750 |
| Zoning | INR3YY |
| Total Units | 12 |
| Days on Market | 49 |
| Original List Price | $3,250,000 |
| Date Updated | March 04, 2026 |
| Date Created | January 20, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $2,446 | $11,200 |
| Unit #2 | 1 | 1.00 | $1,947 | $17,600 |
| Gross Income (Yr) | $ 295,703 |
| Operating Expenses | $ 92,226 |
| Net Income (Yr) | $ 203,477 |
| Cap Rate | 6.26% |
Listing Provided By
John Katnik an agent of . Lic #02002695
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Robert Crawford
REAL ESTATE AGENT