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10235 S 10th Ave, Inglewood, CA 90303

List Price: $1,312,500On Market FlagOn market
Jul 7, 20254,474 sqft8 beds6 baths
Listed by: Mathew Bahri
License #: 01035809
Phone #: 310-259-0506
Sotheby's International Realty
Source:
CRMLS Logo
MLS #: 25558789

Property Description

We are Pleased to Present 10235 & 10239 S.10th Ave in Prime Inglewood Village. This 12-Unit Valuable Asset is Perfectly Situated within 0.7 mile of Costco & 1.4 miles of Hollywood Park, a Mixed-Use Complex with Various Fun Attractions, including SoFi Stadium, YouTube Theater plus numerous Retail and Dining Options. This Gated Community consists of two 1956 Built Structures, Totaling 12 units on a 13,817 Square Feet lot with Alley Access. Each Building Offers two 2+1 (approx. 920sf each) & four 1+1 (approx. 650 sf) Apartments. 10235 S. 10th Ave has 1 Vacancy (unit #2), providing the New owner an Opportunity to Secure Market Rent at $1,850/Mo, reflected in the Projected Rents. The Majority of Units have been Tastefully Updated with Modernized Bathrooms & Kitchens. All units have Individual Water Heaters. Each unit is Individually Metered for Gas & Electric (2023). Newer Laminate Flooring ,except one with Tile floors. New Windows, New Doors, New AC/Ductwork, New Meters, New Outlets per Code through the LAX Soundproofing Project Grant. 6 Single, Gated Parking Stalls per Building, 12 in total, and a Community Coin-operated Washer/Dryer for Tenant Convenience. Potential to add two ADU's, Buyer to verify with Building & Zoning Authorities. Per City of Inglewood's Rent Control Ordinance, Annual Rental Increase Allowable is 3% or the cost of inflation (whichever is greater), as measured by the Consumer Price Index (CPI), Buyer to do their own Due Diligence. Both Buildings must be Sold together. Shown with Accepted Offer Only. Please do not Disturb Tenants.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$61,604

TurboHome Estimated Value

$2,709,700

$606 sqft

High Valuation
$2,845,185
$636/sqft
Normal Valuation
$2,709,700
$606/sqft
Low Valuation
$2,574,215
$575/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$606/sqft$2,709,700

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