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$1,350,000

For Sale

15 hours ago

2414 W 85Th St, Inglewood, CA

House

MLS® 26873277

5 Bed

5 Bath

3866 sqft

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3866 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 0.1584 Acres
Approx. Age 1947
Avg. Price Per Sqft $349
MLS® Number 26873277

Property Address: 2414 W 85th St, Inglewood, CA, 90305-1830

Average square foot calculated using Size range provided by listing agent.

Description

Wa are pleased to present the exclusive offering of 2414 W 85th St, a charming value-add apartment community located in one of Inglewood's most desirable residential neighborhoods. This asset represents a rare opportunity to acquire a well-maintained 5-unit apartment building with significant rental upside just east of SoFi Stadium and the Hollywood Park development. Originally constructed in 1947, the property consists of approximately 3, 866 rentable square feet situated on a 6, 902 square foot lot. The building features timeless architectural character, highlighted by its attractive brick faade, large bay windows, and charming curb appeal that distinguishes it from many competing multifamily properties in the area. Current ownership has completed numerous capital improvements throughout the property, including upgraded electrical systems, newer triple pane windows, central heating and air conditioning in every unit, individual water heaters, and compliance with California's SB 721 balcony inspection requirements. The property is individually metered for gas and electricity, minimizing owner utility expenses. The property consists of five units, including two singles, one one-bedroom unit, and two two-bedroom units. One of the two-bedroom units will be delivered vacant at the close of escrow, providing an investor with an immediate opportunity to renovate and lease the unit at market rent. Additionally, all five detached garages located off the alley will be delivered vacant at closing, offering additional income potential through garage rentals or ADU potential (Buyer to Verify). The asset currently operates at a 3.81% cap rate with substantial upside to a projected 7.18% cap rate through the implementation of market rents. Positioned in one of Southern California's most dynamic rental markets, 2414 W 85th St offers investors stable in-place income, exceptional value-add potential, and long-term appreciation in one of Inglewood's strongest residential neighborhoods.
MLS® Number26873277
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1947
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 17, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2414 W 85Th St, Inglewood, CA

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