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327 Stepney St
Inglewood, CA 90302
327-331 Stepney Street · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Two Side-By Side Buildings in Northwest Inglewood | 20 Units Total
- Unit Mix: (1) 3-Bed/2-Bath, (1) 3-Bed/1-Bath, (1) 2-Bed/2-Bath, (6) 2-Bed/1.5-Bath, (2) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, (7) Studio Units
- Attractive Entry Cap Rate of 5.44% | $237,500/Unit | $302.59/SF
- 15,698 RSF on a 20,013 SF Lot | Two Separate Parcels | No On-Site PM Required
- Opportunity to Convert Tuck-Under Parking or Detached Garage to ADU (Buyer to Verify)
- 20% Rental Upside & Strong Market Cap Rate of 7.13%
Property Facts
| No. Units | 20 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 7,274 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Zoning | INR3YY | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 7,274 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | INR3YY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 500 |
| 1+1 | 7 | - | 750 |
| 2+1 | 1 | - | 1,000 |
| 3+1 | 1 | - | 1,200 |
Property Taxes
| Parcel Number | 4016-014-003 | Improvements Assessment | $330,503 |
| Land Assessment | $67,694 | Total Assessment | $398,197 |
Property Taxes
Parcel Number
4016-014-003
Land Assessment
$67,694
Improvements Assessment
$330,503
Total Assessment
$398,197
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