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6 Unit- Prime North Inglewood Location 612 Aerick St 6 Unit Apartment Building $1,649,000 ($274,833/Unit) 5.81% Cap Rate Inglewood, CA 90301
Investment Highlights
- Prime Location Near Sofi, Forum, Intuit, and Major Freeways
- 5 of 6 Units Updated Including In Unit Laundry
- 3,870 SF Building on a 6,744 SF Lot
- One Unit Delivered Vacant and Rent Ready
- Current Cap 5.81% - Projected Market Cap 7.36%
- 6 Carport Parking Spaces
Executive Summary
We are pleased to present 612 Aerick Street, a well maintained 6 unit multifamily investment opportunity located in the highly desirable and rapidly growing Inglewood rental market. The property features an attractive unit mix of six 1 bedroom 1 bathroom units totaling 3,870 square feet on a 6,744 square foot lot, offering an efficient layout that supports strong and consistent rental demand. Ownership has completed significant upgrades with five of the six units updated, including in unit laundry. One unit will be delivered vacant and rent ready, providing immediate upside for an investor to capture market rent upon closing. The property also offers six carport parking spaces, an increasingly valuable feature in this submarket. Located just minutes from SoFi Stadium, the Hollywood Park development, the Kia Forum, and major transit corridors, 612 Aerick Street presents a compelling opportunity to acquire an upgraded asset with strong in place income and additional rental upside in one of Southern California’s most dynamic growth markets
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$146,460
|
$37.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,394
|
$1.14
|
| Effective Gross Income |
$142,066
|
$36.71
|
| Taxes |
$41,844
|
$10.81
|
| Operating Expenses |
$4,394
|
$1.14
|
| Total Expenses |
$46,238
|
$11.95
|
| Net Operating Income |
$95,828
|
$24.76
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $146,460 |
| Annual Per SF | $37.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,394 |
| Annual Per SF | $1.14 |
| Effective Gross Income | |
|---|---|
| Annual | $142,066 |
| Annual Per SF | $36.71 |
| Taxes | |
|---|---|
| Annual | $41,844 |
| Annual Per SF | $10.81 |
| Operating Expenses | |
|---|---|
| Annual | $4,394 |
| Annual Per SF | $1.14 |
| Total Expenses | |
|---|---|
| Annual | $46,238 |
| Annual Per SF | $11.95 |
| Net Operating Income | |
|---|---|
| Annual | $95,828 |
| Annual Per SF | $24.76 |
Property Facts
| Price | $1,649,000 | Apartment Style | Low-Rise |
| Price Per Unit | $274,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.81% | Building Size | 3,870 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.55/1,000 SF |
| Zoning | R3, Inglewood | ||
| Price | $1,649,000 |
| Price Per Unit | $274,833 |
| Sale Type | Investment |
| Cap Rate | 5.81% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,870 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R3, Inglewood |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $7,120 | - |
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 4021-002-004 | Total Assessment | $1,606,246 |
| Land Assessment | $1,160,584 | Annual Taxes | $41,844 ($10.81/SF) |
| Improvements Assessment | $445,662 | Tax Year | 2025 |
Property Taxes
Parcel Number
4021-002-004
Land Assessment
$1,160,584
Improvements Assessment
$445,662
Total Assessment
$1,606,246
Annual Taxes
$41,844 ($10.81/SF)
Tax Year
2025
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6 Unit- Prime North Inglewood Location | 612 Aerick St
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