
10630 Crenshaw Blvd
Valuation
$1,315,000
Valuation
$1,315,000
Key Specifications
Total Units
5
multifamily
Year Built
1956
Value-Add Era
Interior
6,010 SF
$219 / SF
Lot Area
5,136 SF
Unit Mix
multifamily
1x 3-Bed/2-Bath, 1x 2-Bed/1-Bath, 3x 1-Bed/1-Bath
Investment Highlights
Property Overview
10630 Crenshaw Blvd in Inglewood, CA 90303 is an exceptional 5-unit multifamily asset located in a high-demand area along the Crenshaw corridor. The property has benefited from the Inglewood Sound Abatement Program, featuring upgrades such as updated electrical, new dual-pane windows, new doors, and new AC units in each unit. The property offers a strong unit mix, including a 3-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, and three 1-bedroom/1-bathroom units, ensuring robust tenant demand and income stability. With one unit currently in eviction, there is an immediate opportunity for a new buyer to renovate and achieve market rents. Additionally, an adjacent 5-unit property at 10634 Crenshaw Blvd is also available for sale, presenting a rare chance to acquire a total of 10 units side-by-side in this rapidly appreciating Inglewood submarket. Inglewood continues to attract significant attention and capital due to the growth of the Hollywood Park district, which includes the SoFi Stadium, retail, offices, residences, parks, and year-round events. The area is further bolstered by the Intuit Dome, another major events venue. The City is also advancing the Inglewood Transit Connector, with Phase I construction expected to begin in early 2026, enhancing connectivity and supporting continued investment in the area.
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