Inglewood Homes with Apartment Subtype

Inglewood Homes with Apartment Subtype

Welcome to Inglewood, California—a vibrant city nestled in the heart of Los Angeles County that beautifully blends urban excitement with suburban charm. Known for its rich cultural diversity and a strong sense of community, Inglewood is a city that has something for everyone. With its close proximity to major attractions like SoFi Stadium, the Hollywood Park entertainment complex, and the stunning beaches of the Pacific Coast, residents enjoy a lifestyle filled with entertainment, leisure, and convenience.

Inglewood's real estate market is particularly appealing for those seeking homes with an apartment subtype. Whether you are looking for a cozy duplex or a spacious multi-family unit, the options here are plentiful. These properties are perfect for first-time homebuyers, investors, or families looking for additional rental income. Imagine living in a beautifully designed home while having the opportunity to rent out a portion of it—creating a financially savvy living situation that allows you to thrive in this dynamic city.

The neighborhoods of Inglewood boast tree-lined streets, friendly neighbors, and a variety of local amenities, including parks, shops, and eateries that showcase the city’s diverse culture. With ongoing developments and revitalization projects, Inglewood is on the rise, making it an ideal time to invest in this flourishing community.

If you’re searching for a place that offers both a sense of belonging and the potential for growth, look no further than Inglewood. Discover the charm of this remarkable city and find your perfect home today!

Newest Inglewood Homes with Apartment Subtype

501 Hyde Park, Inglewood
$4,520,000
RS26228444 MLS ⋅ Active Status
Presenting 501 Hyde Park Place, a well-maintained 12-unit multifamily investment opportunity in North Inglewood. This three-story apartment building was constructed in 1985 and features approximately 11,040 square feet of building area on an approximately 11,967-square-foot lot. The property consists entirely of spacious two-bedroom, one-bathroom apartments, complemented by 24 gated carport parking spaces, providing two spaces per unit. A potential value-add opportunity exists to explore converting a portion of the carport area into Accessory Dwelling Units (ADUs). Investors may evaluate the feasibility of converting up to 12 parking spaces into additional residential units while potentially retaining one parking space per existing apartment, subject to City of Inglewood approval, applicable ADU regulations, building requirements, and independent buyer verification. The property has benefited from approximately $150,000 in owner-reported improvements, including select renovated kitchens and bathrooms, updated flooring, appliances, water heaters, laundry facilities, lighting, landscaping, and common-area enhancements. SB 721 work is reported completed. The investment offers a 5.00% current capitalization rate with estimated annual NOI of $226,016 and a projected 6.20% market capitalization rate with estimated market NOI of $280,143, providing additional rental upside potential. Conveniently situated near SoFi Stadium, the Kia Forum, LAX, and the 405 Freeway, with access to major Los Angeles employment centers, shopping, dining, and entertainment destinations. An attractive opportunity to acquire a multifamily asset with a desirable unit mix, substantial improvements, potential ADU development opportunities, and income growth potential.

501 Hyde Park, Inglewood

720 N Market, Inglewood
$5,200,000
PW26117557 MLS ⋅ Active Status
720 N Market Street in the growing North Inglewood sub market of Los Angeles. This 16-unit multifamily asset represents a compelling opportunity to acquire a fully renovated, turnkey property with strong in-place cash flow and operational stability. This unique property has undergone major capital improvements in recent years, and is a standout in the neighborhood. Renovations include; new solar panels, all 16 units remodeled, 88 windows replaced, electrical panel upgraded, 16 sub-panels upgraded, 16 Nest thermostats, Copper re-pipe of entire building, new roof, new HVAC system, security system and gated entry. With approximately $750,000 already invested in this property, new ownership can be confident in their operations and the longevity of the asset. Located within walking distance to the new Metro Purple line, this property is strategically located for both tenants that commute and those that work in Los Angeles and the South Bay. Within a 5 mile radius employers include; LAX Airport, SpceX, Intuit Dome, KIA Forum, SoFi stadium, Northrop Grumman, Kaiser Permanente and multiple hospitals. The location of this asset cannot be overlooked, with major employers nearby and the ongoing development happening in Inglewood, this asset is truly positioned in a growing market now, and in the future. With the upcoming FIFA World Cup and the 2028 Olympic Games, 720 N Market St is located in a market that will likely reach new heights. An investor has the chance to own an already well performing asset, in a growing market, where cash flow is consistent from day one with a high potential of capital growth and increased monthly cash flow.

720 N Market, Inglewood

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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