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10242 S 10th Ave
Inglewood, CA 90303 Inglewood

$1,295,000 USD

Apartments For Sale  •  4,152 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,152 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 6.93 %
  • Zoning INM1L*
50 Transit Score
60 Walk Score

Highlights

Attractive 6.93% current cap rate and 9.91 current GRM and pro-forma returns at 8.15% cap rate and 8.81 GRM.
Located less than 1 mile from Intuit Dome, SoFi Stadium, Hollywood Park, YouTube Theater, Cosm Los Angeles, and upcoming Inglewood Transit Connector
Renovated through the City of Inglewood/LAX Sound Insulation Program with individual HVAC systems, upgraded electrical & newer windows and doors.
Comprised of (4) 2-bedroom/1-bathroom units and (1) 1-bedroom/1-bathroom unit.
Recently painted building situated on a large 6,897-SF lot with a total of 5 garage parking spaces.
Conveniently located near The Village at Century, Costco, Target, SpaceX, Tesla Design Center, the Crenshaw/LAX Metro Line, and LAX Airport.

Financial Summary (Actual)

Net Operating Income: $89,703 USD (2025)
Cap Rate: 6.93 %
Total Expenses: $37,069 USD

Public Transportation

AirportDriveWalkDistance
Los Angeles International 10 min - 5.1 mi
Long Beach (Daugherty Field) 25 min - 16.7 mi
Bob Hope 40 min - 27.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: OneCarGarage
Included in Rent: Yes
Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate
Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate