315 W Queen St, Inglewood, CA 90301
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315 W Queen St, Inglewood, CA 90301
315 W Queen St, Inglewood, CA 90301
315 W Queen St, Inglewood, CA 90301
315 W Queen St, Inglewood, CA 90301
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$ 1,125,000
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315 W Queen St Inglewood, CA 90301

6 Beds

4 Baths

2,666 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,666 sqft

Price per Sqft $421

MLS Listing ID 26849765

Bedrooms 6

Year Built 1940

Lot Size 0.265 Acres

Acres 0.2652

Property Sub-Type Multi-Family

Property Description

We are pleased to present 315 W. Queen Street, a four-unit multifamily investment opportunity in the heart of Inglewood. This well-positioned property offers 2,666 SF of living space on a massive 11,548 SF lot, providing rare scale and significant long-term upside in one of Southern California's fastest-growing cities.The building features a desirable unit mix of two 2-bed / 1-bath units and two 1-bed / 1-bath units. The property is fully occupied, generating $7,776 per month in gross income and priced at a 6.0% cap rate, delivering stable, in-place cash flow from day one. The exceptionally large lot also offers compelling potential for additional development, including ADUs, to further enhance income and value. Located in the epicenter of Inglewood's transformation, the property sits minutes from SoFi Stadium, the Intuit Dome, the Kia Forum, and the forthcoming Inglewood Transit Connector, with LAX and major employment hubs close by. As the city continues to attract billions in investment and prepares to host marquee global events, this is a prime opportunity to acquire a high-quality, value-add asset in a market on the rise.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR4*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Range/Oven, Washer, Dryer, Other, Refrigerator

Exterior

Parking Features Garage

Garage Spaces 5.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Hollywood Hills
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

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315 W Queen St