Description
Current 5.91% cap and 11.41 GRM with ADU opportunity! Oncestabilized and ADUs are built out, the property will operate ata 9.18% cap and 7.95 GRM. 10329 S Inglewood Ave is a stunningasset and perfect for any investor looking to capitalize on theInglewood market. Beautifully renovated 6 unit buildinglocated near SoFi Stadium, Intuit Dome and Hollywood ParkDevelopment. 3/6 units have gone extensive renovationsincluding new floors, cabinets, fixtures, bathrooms andappliances. The subject property has been professionallymanaged and is a low-maintenance, high cash flowing asset.Inglewood Ave is currently operating at a 5.91% cap and 11.41GRM with upside. Take advantage of 5.25% interest rate, fixedfor 5 years with only 27% down!The property is comprised of (6) 2Bed+1Bath units with theopportunity to add (2) ADUs above the rear parking structure.Once the ADUs are constructed and the all units are rented atmarket, the property will operate at a 9.18% cap rate and 7.95GRM. With a oversized lot and large carport, no parking will betaken away when the ADUs are constructed. There is plenty ofparking on-site, as well as a laundry room. This is ideal for anyinvestor looking for a low-maintenance, high cash flowingasset that still has room for additional income.With close proximity to SoFi, Intuit and Hollywood ParkDevelopment, 10329 S Inglewood Ave supports high rentalincome with even better upside and will appreciate greatlydue to location.
-
0BEDS
-
0.19ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Current 5.91% cap and 11.41 GRM with ADU opportunity! Oncestabilized and ADUs are built out, the property will operate ata 9.18% cap and 7.95 GRM. 10329 S Inglewood Ave is a stunningasset and perfect for any investor looking to capitalize on theInglewood market. Beautifully renovated 6 unit buildinglocated near SoFi Stadium, Intuit Dome and Hollywood ParkDevelopment. 3/6 units have gone extensive renovationsincluding new floors, cabinets, fixtures, bathrooms andappliances. The subject property has been professionallymanaged and is a low-maintenance, high cash flowing asset.Inglewood Ave is currently operating at a 5.91% cap and 11.41GRM with upside. Take advantage of 5.25% interest rate, fixedfor 5 years with only 27% down!The property is comprised of (6) 2Bed+1Bath units with theopportunity to add (2) ADUs above the rear parking structure.Once the ADUs are constructed and the all units are rented atmarket, the property will operate at a 9.18% cap rate and 7.95GRM. With a oversized lot and large carport, no parking will betaken away when the ADUs are constructed. There is plenty ofparking on-site, as well as a laundry room. This is ideal for anyinvestor looking for a low-maintenance, high cash flowingasset that still has room for additional income.With close proximity to SoFi, Intuit and Hollywood ParkDevelopment, 10329 S Inglewood Ave supports high rentalincome with even better upside and will appreciate greatlydue to location.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.