$1,450,000
216 S Inglewood Avenue, Inglewood CA 90301
Multi-Family (5 Units)
Property type
134 days
On market
$326
Price per sqft
N/A
Garage
1962
Year built
5,990 sqft
Lot size
Home highlights
Open Houses
Overview
Investment Opportunity in Inglewood. This 5-unit complex is centrally located in Inglewood, featuring a desirable mix of residential units: two spacious 2-bedroom apartments and three cozy 1-bedroom apartments. One 1-bedroom unit will be vacant at closing, providing immediate rental income potential for the new owner. The property is secured by an electric gate for enhanced...
Listing provided by: Robert Pitts DRE #00917764, Robert Pitts Luxury Estates
Listing updated: Apr 30, 2026 at 10:57pm.
Last checked: Jun 4, 2026 at 04:00pm
Source: CRMLS #26640675
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,060 | $2,060 | $3,100 | Unfurnished |
| 2 | 2 | 2 | — | $2,300 | $2,300 | $3,000 | Unfurnished |
| 3 | 1 | 1 | — | $1,600 | $1,600 | $2,500 | Unfurnished |
| 4 | 1 | 1 | — | $1,540 | $1,540 | $2,500 | Unfurnished |
| 5 | 1 | 1 | — | $0 | $0 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Carpet: 5
Refrigerator: 5
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.1x
List Price / Annual Gross Rent
Cap Rate
6.62%
NOI / List Price
Net Operating Income: $96,000
Interior
Room Type: Living Room
Flooring: Carpet, Tile
Heating: Wall Furnace
Appliances: Microwave, Refrigerator, Dryer, Washer
Fireplace: None
Laundry: Common Area, Dryer Included, Washer Included
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Pool: None
Spa: None
Sewer: Other
View: None
Garage and Parking
Parking: Attached Carport
Garage: Attached
Carport Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 4020009015
Additional Parcels: No
Zoning: INC2YY
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 216 S Inglewood Avenue, Inglewood, CA 90301. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,160,000
Total Interest
$1,479,516
Total Payment
$2,639,516
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,992
per month
Property History for 216 S Inglewood Avenue
Inglewood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90301.
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