145 W Hillcrest, Inglewood, CA 90301
145 W Hillcrest, Inglewood, CA 90301
145 W Hillcrest, Inglewood, CA 90301
145 W Hillcrest, Inglewood, CA 90301
145 W Hillcrest, Inglewood, CA 90301
145 W Hillcrest, Inglewood, CA 90301
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Gilbert Ortiz

Gilbert Ortiz

+1(323) 558-2421
$ 1,295,000
Est. payment | /mo

6 Beds

5 Baths

3,974 SqFt

Save
$ 1,295,000
Est. payment | /mo
Save

6 Beds

5 Baths

3,974 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,974 sqft

Price per Sqft $325

MLS Listing ID SB26201968

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1964

Lot Size 5,871 Sqft

Property Sub-Type Quadruplex

Property Description

This four-unit multifamily property presents an attractive immediate value-add opportunity in a desirable pocket of Inglewood. Family owned and operated for the past 29 years, the property will allow new ownership to immediately renovate and reposition the units toward market rental rates. The unit mix consists of one 3-bedroom/2-bath townhome and three 1-bedroom/1-bath units. The property also presents a strong owner-user opportunity. As a four-unit property, the asset is subject to Inglewood's more favorable 2–4 unit rent increase regulations, allowing annual increases of 5% plus CPI, capped at 10%. The property also offers potential ADU upside for additional future income and appreciation. Buyer to verify. The property benefited from a comprehensive FAA-funded residential sound insulation retrofit approximately 25 years ago, including upgraded HVAC systems, electrical improvements, and noise-reducing windows and doors. Ideally located in Inglewood with a Walk Score of 87, the property provides convenient access to LAX, SoFi Stadium, Intuit Dome, Hollywood Park, major employment centers, retail, entertainment, and freeways. Offered at a 5.95% CAP rate on scheduled income, the property combines strong in-place income with immediate value-add potential, favorable vacancy, and long-term upside.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Rooms

Main Level Bedrooms 1

Interior

Interior Features Jack and Jill Bath

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry None

Exterior

Pool None

Community Features Biking

View Y/N No

View None

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Inglewood Unified

Others

Senior Community No

Tax ID 4020028018

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899, DRE #01717818

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Gilbert Ortiz
Gilbert Ortiz

Agent License ID: 02050087

+1(323) 558-2421

8345 Firestone Blvd, Downey, CA 90241, USA

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145 W Hillcrest