
Inglewood, California 90302
This Triplex Investment Asset is listed at $1,250,000, representing a stable entry point at its $1,250,000 Fair Market Value. Comprising three spacious 3-bedroom, 2-bathroom townhome-style units, the property maintains a Fair Condition Rating with original 1990s finishes, offering clear value-add potential through interior modernization. Situated in a high-demand North Inglewood pocket near SoFi Stadium, the asset generates reliable cash flow with a 3.75% pro forma cap rate. This fully occupied property is a strategic acquisition for Buy-and-Hold Investors or Portfolio Scalers looking for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 376 E Hillsdale Street Subject | $1,250,000* List Price | 0 | 0 | 3,543 | $353 | - |
A 370 E Hillsdale Street Active Under Contract | $1,250,000 List Price | 0 | 0 | 3,543 | $353 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
The opportunity to acquire the adjacent sister property allows an investor to secure six contiguous units, providing significant economies of scale and management efficiencies.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,543 | 2,145 | 67% |
| Lot Size | 7,459 | 5,827.5 | 83% |
| Price | $1.25M | $1.12M | 67% |
| Price per sq ft | $353 | $557 | 33% |
| Built year | 1990 | 1955 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 200 | 222 | 17% |
Oct 4, 2025
$1,250,000
Initial Listing