$1,295,000

10242 S 10th Avenue, Inglewood, CA 90303

  • 9 beds |
  • 5 baths |
  • 4,152 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon6,896sqft lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $312/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Strong In-Place Financials: Attractive 6.93% current cap rate and 9.91 current GRM, providing investors with strong cash flow from day one. Additional Rental Upside: Pro-forma returns increase to an 8.15% cap rate and 8.81 GRM.Prime Inglewood Location: Located less than one mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and the upcoming Inglewood Transit Connector. Sound Insulation Program Upgrades: Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical, newer windows, and upgraded doors. Attractive Unit Mix: Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit. Desirable Property Features: Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces. Surrounded by Major Amenities & Employment: Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.

Listing Status:
Active
Date Added:
August 13, 2026
Data Last Updated:
August 24, 2026 at 12:18PM
Listing Office:
Shield CRE, Inc. : 310-593-9869
Listing Agent:
Jonathan Nikfarjam : 310-593-9868
MLS ID:
26872231
  • Parking: GarageParking spaces: 5
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: INM1L*4030007011
  • Source: CRMLS_CL

This listing courtesy of Jonathan Nikfarjam , Shield CRE, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby