REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Parham Khoshbakhtian • Parham Khoshbakhtian, Broker
$3,000,000
Est. payment /mo
6,698 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,698 sqft
Price per Sqft $447
MLS Listing ID CROC25268240
HOA Y/N No
Year Built 1909
Lot Size 1.202 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
The Parham Group at Marcus & Millichap is pleased to present an eight unit multifamily assemblage on over 52,000 SF of land in unincorporated Inglewood with a large portion leased to County of Los Angeles Sheriff's Department, providing both stability and institutional credit strength. The property presents a rare opportunity to acquire a fully income producing asset with at a competitive going in return with significant upside in rents. The residential component features a diverse mix of three bedroom and one bedroom units, many recently improved, delivering steady in place income with meaningful rental upside as rents are all below market. The parking area leased to the County adds durable, non residential cash flow backed by a government entity, contributing roughly $6,200 per month in additional income. Positioned within minutes of SoFi Stadium, the Intuit Dome, and Hollywood Park, the asset is poised to benefit from the continued revitalization of Inglewood's entertainment corridor. Combining stable current returns with long term redevelopment potential, this property offers investors an attractive blend of immediate yield, County-backed income, and irreplaceable land value in one of Los Angeles County's most dynamic submarkets.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Read Less Info
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
GET MORE INFORMATION