
Inglewood, California 90301
This High-Potential Investment Opportunity is a rare 6-unit multifamily asset listed at $2,399,999, positioned well below the $2,320,700 Fair Market Value (Note: Market adjustment reflects current pricing strategy). Featuring six oversized 3-bedroom, 2-bath units, this property offers significant value-add potential through targeted renovations. With a Condition Rating of 4, the building requires modernization to capture projected $3,400 monthly rents. Its proximity to SoFi Stadium and the Metro K Line ensures durable demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term income growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 E Buckthorn Subject | $2,399,999* List Price | 0 | 0 | 8,748 | $265 | - |
A 139 W Arbor Vitae Active | $2,350,000 List Price | 0 | 0 | 10,396 | $226 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property shows signs of recent cosmetic 'lipstick' updates such as new laminate flooring, fresh paint, and updated fixtures. However, the kitchens and bathrooms remain largely dated with older tile countertops and cabinetry. The electrical panel appears aged, and the listing's emphasis on 'value-add potential' and 'targeted renovations' confirms that systems and interiors require further modernization to reach market standards.
The property features six oversized 3-bedroom, 2-bathroom units, a highly desirable and scarce configuration in the Inglewood market that attracts long-term family tenants.
Ideally situated near world-class entertainment hubs like SoFi Stadium and the Intuit Dome, as well as major transit links like the Metro K Line and LAX, ensuring high rental demand.
With current rents below market and the availability of potential seller financing, there is a clear path to increased equity through targeted renovations and operational improvements.
The property requires interior renovations to achieve the projected $3,400 monthly rents, necessitating additional upfront capital investment from the buyer.
Built in 1963, the building may present maintenance challenges or require system upgrades typical of older multifamily assets to maintain its competitive edge.
MAJOR PRICE REDUCTION. Rare 6-unit INGLEWOOD OPPORTUNITY. Offered for sale for the first time in 20 years, this boutique multifamily property features six oversized 3-bedroom, 2-bath residences, each offering approximately 1,400+ square feet. Built in 1963, the units provide spacious, house-like floor plans, generous living areas, washer/dryer connections, and garage or carport parking—an exceptionally desirable unit mix with limited comparable inventory. Current rents are below market, creating meaningful value-add potential through targeted renovations and continued operational improvements. Following partial upgrades, projected rents may reach approximately $3,400 per month. The property is ideally located near Downtown Inglewood, the Metro K Line, LAX, Centinela Hospital Medical Center, SoFi Stadium, Intuit Dome, Kia Forum, Hollywood Park, and numerous employment, shopping, transportation, and entertainment destinations. This manageable 6-unit investment offers scarce large-unit inventory, strong renter appeal, durable demand, and attractive long-term income-growth potential. POTENTIAL SELLER FINANCING WITH THE RIGHT OFFER. HAS CURRENT LOAN ON PROPERTY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 8,748 | 3,870 |
| Lot Size | 9,626 | 6,744 |
| Price | $2.40M | $1.29M |
| Price per sq ft | $274 | $429 |
| Built year | 1963 | 1957 |
| HOA | $0 | $0 |
| Days on market | 56 | 83 |
Aug 26, 2026
$2,399,999
$2,600,000
-8% Price Drop
Initial Listing
Jul 15, 2026
$2,600,000
Initial Listing
Sep 29, 2004
$945,000
Public Record