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10242 South 10th Avenue

Inglewood CA 90303

9
5
5
4152 sq. ft.
6897 sq. ft.
Other
Currently for sale - view listing

Overview

Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.

Features

9 bedrooms
5 bathrooms
5 carspaces
5 garage spaces
4152 sq. ft. floor area
6897 sq. ft. lot size
Other

Happy sellers in Inglewood

95%
95% of sellers in Inglewood reported that their sale price either exceeded or met their price expectations.

Inglewood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Inglewood over the last 12 months.

Local market activity for 9 bedroom other properties in Inglewood

In the last 12 months, 3 nine-bedroom other properties similar to 10242 South 10th Avenue, have been sold.

This represents a 100% decrease in nine-bedroom other properties sales when compared to the previous 12 months.

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