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126 N Hillcrest Blvd
Inglewood, CA 90301
Multifamily Property For Sale · 14 Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 8,703 SF
No. Stories 2
Year Built/Renovated 1953/2000
Parking Ratio 0.62/1,000 SF
Zoning R3, Inglewood

Amenities

Unit Amenities

  • Balcony

About 126 N HILLCREST BLVD , INGLEWOOD, CA 90301

Located in Inglewood's Best Neighborhood - Saint John's Place, the property was built in 1953, yet has been well maintained as a true pride of ownership asset. Current rents are 25 to 30 percent below market, creating a tremendous upside potential with an aggressive program to increase rents to current market levels. The unit mix consist of (2) Studios, (10) 1Bed/1Bath, (1) 2Bed/1Bath, and (1) 2Bed/1.5Bath Units. The City of Inglewood has an extremely high demand for rental units, creating an immediate opportunity to increase cash flow. Located one mile from the Forum, Rams Stadium, & Hollywood Park Development, undergoing a $5 Billion dollar redevelopment. Walking distance to major retailers, grocery stores & local restaurants, with easy access to 405 and 105 freeways & major employment

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 $800.00 -
1+1 10 $988.00 -
2+1 1 $1,500 -
2+2 1 $1,325 -

Property Taxes

Property Taxes

Parcel Number
4021-003-014
Land Assessment
$528,764
Improvements Assessment
$794,024
Total Assessment
$1,322,788
  • Listing ID: 15476477

  • Date on Market: 3/18/2019

  • Last Updated:

  • Address: 126 N Hillcrest Blvd, Inglewood, CA 90301

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