$2,550,000

324 E Tamarack Avenue, Inglewood, CA 90301

  • 8,605 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon10,611sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $296/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

324 E Tamarack Ave offers investors the opportunity to acquire a well-positioned 9-unit multifamily asset in Inglewood with strong in-place income, a desirable unit mix, and meaningful long-term upside. Situated on an approximately 10,599-square-foot lot with roughly 8,605 square feet of building area, the property features a diversified mix of one-, two-, and three-bedroom residences, including multiple two-bedroom layouts and a spacious 3-bedroom/2-bath unit that is currently vacant. The property offers several features that enhance tenant appeal and long-term marketability, including generously sized floor plans, private balconies and patios, covered parking, and air conditioning in select units. The property also includes a currently unused laundry room, offering potential to add coin-operated laundry equipment and an additional ancillary income stream, subject to buyer investigation and implementation. The eight occupied units currently generate approximately $15,144 per month in rental income. The vacant 3-bedroom/2-bath unit is projected at approximately $3,250 per month, bringing projected scheduled rents to approximately $18,394 per month, or $220,724 annually, upon lease-up. This provides an investor with immediate existing income along with the opportunity to increase overall revenue through the lease-up of the vacant unit, future rental upside, and potential laundry income. Originally built in 1961, the property offers an attractive combination of established operations, larger unit configurations, and value-add potential. Its location provides convenient access to SoFi Stadium, Intuit Dome, Kia Forum, LAX, major transportation corridors, employment centers, dining, shopping, and the continued investment taking place throughout Inglewood. With nine units, a vacant 3-bedroom residence, diversified unit configurations, existing cash flow, projected scheduled income exceeding $220,000 annually, and additional ancillary income potential, 324 E Tamarack Ave presents a compelling opportunity for an investor seeking scale, income, and long-term appreciation potential in the Inglewood multifamily market.

Listing Status:
Active
Date Added:
September 11, 2026
Data Last Updated:
September 23, 2026 at 5:08AM
Listing Office:
Renaissance Realty Group : 310-242-5547
Listing Agent:
Jamial Clark : 323-559-0063
MLS ID:
CL26987155
  • A/C: Central Air
  • Heating: Other
  • Parking: Other
  • County: Los Angeles
  • Zoning: INR3YY4021035022

This listing courtesy of Jamial Clark , Renaissance Realty Group

Monthly Payment

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

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Location

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