$1,030,000
$1,099,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
6,407 Sqft Lot
SOLD DATE : 10/14/2026
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26138665
Sold Date 10/14/26
HOA Y/N No
Year Built 1959
Lot Size 6,407 Sqft
Property Sub-Type Quadruplex
Property Description
Cash flow from day one! This fully occupied four-unit investment opportunity near Inglewood and Hawthorne offers stable occupancy, strong in-place income, and future upside potential. The property features a balanced unit mix of two 2-bedroom units and two 1-bedroom units, with long-term tenants and recent rent increases supporting consistent performance. Tenants are responsible for most utilities, helping keep operating expenses low, while recent roof and sewer improvements strengthen the property's overall condition and long-term investment appeal.
Ideally located near SoFi Stadium, Intuit Dome, the Kia Forum, YouTube Theater, LAX, major employment centers, shopping, dining, and convenient access to the 405 and 105 freeways. With Super Bowl LXI coming to SoFi Stadium in 2027 and the opening and closing ceremonies of the 2028 Olympic and Paralympic Games planned for Inglewood, the area is well positioned for continued investment, growth, and rental demand.
With low operating expenses, recent capital improvements, and additional rental upside, this property presents a compelling opportunity for investors seeking a stable multifamily asset in a high-demand location.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator, Water Heater
Laundry None
Exterior
Exterior Feature Rain Gutters
Parking Features Gated, On Street
Pool None
Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Neighborhood
Accessibility Other, Parking
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4037018032
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Conventional
Special Listing Condition Standard
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