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NRE Commercial | CRE Advisors
NRE Commercial
Property Details
- Property Type Other
- Units 9
- Additional Rent Contact for pricing
- Year Built 1954
- Date Updated Jan 2, 2025
Unique Investment Opportunity in North West Inglewood
This meticulously maintained 9-unit apartment building offers a significant upside with 36% rental income growth and additional ADU potential under California’s SB 1211.
ADU Potential via SB 1211
Convert 2 tuck-under parking spaces and add 2 detached ADUs
Approx. Construction cost: $250,000 per 450 SF ADU
Yield on Total Cost: 7.27% with pro forma NOI
The Opportunity:
First time on the market in one of the most dynamic and rapidly growing neighborhoods in Los Angeles County. Conveniently located near Prominent employment hubs, entertainment venues, and major development projects. North West Inglewood is seeing unprecedented growth with infrastructure improvements and investments flowing into the region. Surrounded by amenities, proximity to employment opportunities, and world-class venues. A great opportunity for a savvy long term investor to maximize income potential with a Pro forma cap rate of 10.59%
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Inglewood, CA
- Neighborhood Westchester
- Zip Code 90302
- Market Los Angeles
Points of Interest
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Westchester/Veterans
0.69 miles
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Downtown Inglewood
1.23 miles
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CONRAC
1.52 miles
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East ITF
1.55 miles
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West ITF
1.82 miles
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Fairview Heights
2.08 miles
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Terminal 9
2.19 miles
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Zone 6
2.25 miles
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Zone 5
2.25 miles
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Zone 21
2.27 miles
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Shell
0.35 miles
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Mobil
0.60 miles
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Arco
0.86 miles
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Chevron
0.92 miles
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Kwik Serv
1.25 miles
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Clean Energy
1.34 miles
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United Oil
1.37 miles
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Culver City Supercharger
1.47 miles
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Volta
1.74 miles
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ChargePoint
3.24 miles
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LAX Employee Parking Lot East
1.47 miles
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LAX Employee Parking Lot West
1.62 miles
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Wally Park
1.68 miles
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LAX Economy Parking
1.78 miles
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Four Points
1.78 miles
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The Parking Spot
1.81 miles
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LAX TNC Staging Lot
1.83 miles
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LAX Employee Parking Lot South
1.88 miles
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Parking Spot Sepulveda
1.89 miles
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Westside Collector Car Storage
1.90 miles
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Days Inn
0.70 miles
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Best Western Airpark Hotel-Los Angeles Lax Airport
0.76 miles
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guest home2
0.84 miles
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Lotus Motel
0.84 miles
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Holiday Inn Express
1.13 miles
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Courtyard
1.35 miles
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Extended Stay America
1.43 miles
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Four Points
1.45 miles
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Super 8
1.56 miles
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Hilton Los Angeles Culver City
1.57 miles
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Amazon Fresh
0.29 miles
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99 Cent Store
0.31 miles
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Smart & Final
0.48 miles
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Ross
0.49 miles
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Ralphs
0.50 miles
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Target
1.21 miles
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HHLA
1.24 miles
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JCPenney
1.52 miles
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Vons
1.54 miles
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Westfield Culver City
1.57 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.