$1,350,000

2414 W 85th Street, Inglewood, CA 90305

  • 3,866 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon6,900sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $349/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Wa are pleased to present the exclusive offering of 2414 W 85th St, a charming value-add apartment community located in one of Inglewood's most desirable residential neighborhoods. This asset represents a rare opportunity to acquire a well-maintained 5-unit apartment building with significant rental upside just east of SoFi Stadium and the Hollywood Park development. Originally constructed in 1947, the property consists of approximately 3,866 rentable square feet situated on a 6,902 square foot lot. The building features timeless architectural character, highlighted by its attractive brick faade, large bay windows, and charming curb appeal that distinguishes it from many competing multifamily properties in the area. Current ownership has completed numerous capital improvements throughout the property, including upgraded electrical systems, newer triple pane windows, central heating and air conditioning in every unit, individual water heaters, and compliance with California's SB 721 balcony inspection requirements. The property is individually metered for gas and electricity, minimizing owner utility expenses. The property consists of five units, including two singles, one one-bedroom unit, and two two-bedroom units. One of the two-bedroom units will be delivered vacant at the close of escrow, providing an investor with an immediate opportunity to renovate and lease the unit at market rent. Additionally, all five detached garages located off the alley will be delivered vacant at closing, offering additional income potential through garage rentals or ADU potential (Buyer to Verify). The asset currently operates at a 3.81% cap rate with substantial upside to a projected 7.18% cap rate through the implementation of market rents. Positioned in one of Southern California's most dynamic rental markets, 2414 W 85th St offers investors stable in-place income, exceptional value-add potential, and long-term appreciation in one of Inglewood's strongest residential neighborhoods.

Listing Status:
Active
Date Added:
August 17, 2026
Data Last Updated:
August 24, 2026 at 12:09PM
Listing Office:
BRC Advisors- BH :
Listing Agent:
John Katnik : 310-956-2291
MLS ID:
CL26873277
  • Laundry: No Hookups
  • Flooring: Carpet
  • A/C: Central Air
  • Heating: Other
  • County: Los Angeles
  • Zoning: INR3YY4010035006

This listing courtesy of John Katnik , BRC Advisors- BH

Monthly Payment

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

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Location

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