376 E Hillsdale Street, Inglewood, California 90302, Inglewood, 90302 - bed, bath

376 E Hillsdale Street, Inglewood, California 90302 home-pic-0

376 E Hillsdale Street

Inglewood, California 90302

ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
3,543Sq Ft
7,459Lot Size

Property Price

LIST PRICE$1,250,000

SUMMARY

Analysis of 376 E Hillsdale Street, Inglewood, California 90302 is currently available with a list price of $1,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Inglewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1990, placing it within the 25-40 year age range typical of the 'fair' condition category. While the exterior appears well-maintained and the units are fully occupied, the listing does not mention any recent major renovations to the kitchens or bathrooms, suggesting the interiors likely feature original or dated 1990s-era finishes and systems.

PROSSTRENGTHS & OPPORTUNITIES

  • Desirable Unit Mix

    The property features three spacious 3-bedroom, 2-bathroom townhome-style units built in 1990, offering a modern layout that attracts long-term families and commands premium rents.

  • High-Growth Location

    Situated in a prime North Inglewood pocket near SoFi Stadium and major transit corridors, the property is positioned in one of the region's most high-demand rental submarkets.

  • Portfolio Scalability

    The opportunity to acquire the adjacent sister property allows an investor to secure six contiguous units, providing significant economies of scale and management efficiencies.

CONSRISKS & DEFICIENCIES

  • Modest Initial Yield

    A pro forma cap rate of 3.75% indicates a relatively low immediate return on investment, which may require a long-term appreciation play or future rent adjustments to maximize cash flow.

  • Shared Access Logistics

    The shared driveway with the neighboring parcel could lead to potential maintenance disputes or parking coordination challenges if the properties are eventually owned by different parties.

About 376 E Hillsdale Street

Welcome to 376 E Hillsdale St, a well-maintained triplex investment positioned beside its sister property at 370 E Hillsdale St, which is also for sale. Together, these properties create a potential six-unit investment opportunity in one of Inglewood’s strongest rental markets. The two parcels share a common driveway, providing a seamless layout for investors pursuing multi-property ownership or owner-occupants seeking flexible income options. Built in 1990 and spanning approximately 3,543 square feet on a 7,459 square foot lot, this property includes three spacious 3-bedroom, 2-bathroom units across two separate buildings. Each unit features private entrances, garages, and generous living areas with a townhome-style feel. All three units are fully occupied, generating reliable income and long-term stability. According to the pro forma analysis, the property offers a cap rate of 3.75 percent, supported by strong tenant performance and consistent market rents ?. This triplex provides a steady investment with potential for future rent growth and value appreciation, especially when paired with its neighboring property at 370 E Hillsdale St. Highlights: • 3 townhome-style 3BD/2BA units • Built in 1990 | ±3,543 SF on ±7,459 SF lot • Fully occupied with long-term tenants • Pro forma cap rate: 3.75% • Shared driveway with 370 E Hillsdale (also for sale) • Prime Inglewood location near La Brea Ave, Centinela Ave, and SoFi Stadium • Ideal for investors seeking stability and upside in a high-demand submarket A rare opportunity to acquire one or both sister triplexes in a desirable Inglewood location with strong cash flow and long-term potential.

Property Details

Public Facts

Property Type
Triplex
Year Built
1990
Lot Size
7,459 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot3,5432,117
67%
Lot Size7,4596,500.5
67%
Price$1.25M$1.10M
83%
Price per sq ft$353$524
33%
Built year19901940
83%
HOA$0$0
50%
Days on market153175
17%

Pricing History

Listed for Sale

Oct 4, 2025

$1,250,000

Initial Listing

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