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R2 Corner Lot Investment | 900 E Alpha St 900 Alpha St 2 Unit Apartment Building $1,100,000 ($550,000/Unit) 3.40% Cap Rate Inglewood, CA 90302
Investment Highlights
- Fully gated with ornamental metal sliding gates, a circular driveway, and mature landscaping, providing security and serene outdoor surroundings.
- Features a two-car garage with additional off-street parking options and potential for RV use, supporting convenience for residents and guests.
- : Positioned on a large corner lot in North Inglewood, offering convenient access to major thoroughfares, shopping, dining, and entertainment.
Executive Summary
Exceptional investment opportunity on a large 6,550 SF R2 corner lot. Property is currently configured as two separate living spaces, offering flexibility for owner-users, multigenerational living, or income potential.
Front unit features 2 bedrooms, 1 bathroom, and dedicated laundry area. Rear unit includes 1 bedroom, 1.5 bathrooms, spacious loft, attached 2-car garage, and separate living amenities.
Property is located in a quiet pocket of N. Inglewood-Fairview Heights. Excellent long-term investment. Quality improvements. Strong upside potential with the growth of the city. Long term money placed in Intuit, MSG Forum, SOFI Stadium and so many more.
Seller and seller's agents do not warrantee nor guarantee any existing improvements made to property/Buyers to do their own investigations.
Front unit features 2 bedrooms, 1 bathroom, and dedicated laundry area. Rear unit includes 1 bedroom, 1.5 bathrooms, spacious loft, attached 2-car garage, and separate living amenities.
Property is located in a quiet pocket of N. Inglewood-Fairview Heights. Excellent long-term investment. Quality improvements. Strong upside potential with the growth of the city. Long term money placed in Intuit, MSG Forum, SOFI Stadium and so many more.
Seller and seller's agents do not warrantee nor guarantee any existing improvements made to property/Buyers to do their own investigations.
Property Facts
| Price | $1,100,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $550,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.40% | Building Size | 2,162 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1942/1998 |
| Property Subtype | Apartment | ||
| Zoning | R2 - Multiple Dwelling | ||
| Price | $1,100,000 |
| Price Per Unit | $550,000 |
| Sale Type | Investment |
| Cap Rate | 3.40% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 2,162 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1942/1998 |
| Zoning | R2 - Multiple Dwelling |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4013-019-021 | Improvements Assessment | $123,609 |
| Land Assessment | $99,550 | Total Assessment | $223,159 |
Property Taxes
Parcel Number
4013-019-021
Land Assessment
$99,550
Improvements Assessment
$123,609
Total Assessment
$223,159
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Presented by
David Joseph Harris, Broker
R2 Corner Lot Investment | 900 E Alpha St | 900 Alpha St
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