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$5,500,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25140461
HOA Y/N No
Year Built 1958
Lot Size 0.477 Acres
Lot Dimensions Assessor
Property Sub-Type Mixed Use
Property Description
837-839 W Beach Avenue presents a rare opportunity to acquire two side-by-side apartment buildings totaling 22 units in the highly desirable Northwest Inglewood submarket. Spanning 16,018 SF of rentable space on a large 20,796 SF lot, this well-located asset offers strong in-place income with additional rental upside.
The unit mix consists of (6) 2-bedroom, 1-bath units and (16) 1-bedroom, 1-bath units—appealing to a broad tenant base. The property includes 22 total parking spaces and benefits from a clean, functional layout across both buildings.
With a current 5.26% CAP rate, pricing at $250,000 per unit and $343/SF, and a projected 6.41% market CAP, this asset provides approximately 15% rental upside for investors looking to capture growth in a high-demand rental corridor.
Ideally located in a quiet residential pocket of Northwest Inglewood, the property is just blocks from major retail and dining near Centinela Avenue and La Cienega Boulevard, offering tenants both convenience and neighborhood charm.
837-839 W Beach Avenue is an ideal opportunity for investors seeking scale, stability, and upside in one of the South Bay's most promising multifamily markets.
The unit mix consists of (6) 2-bedroom, 1-bath units and (16) 1-bedroom, 1-bath units—appealing to a broad tenant base. The property includes 22 total parking spaces and benefits from a clean, functional layout across both buildings.
With a current 5.26% CAP rate, pricing at $250,000 per unit and $343/SF, and a projected 6.41% market CAP, this asset provides approximately 15% rental upside for investors looking to capture growth in a high-demand rental corridor.
Ideally located in a quiet residential pocket of Northwest Inglewood, the property is just blocks from major retail and dining near Centinela Avenue and La Cienega Boulevard, offering tenants both convenience and neighborhood charm.
837-839 W Beach Avenue is an ideal opportunity for investors seeking scale, stability, and upside in one of the South Bay's most promising multifamily markets.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Biking
Total Parking Spaces 22
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4017013032
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899