10219 England Ave - Apartments FOR SALE


Inglewood, CA 90303
$1,550,000 USD
818-212-2694
10219 England Ave, Inglewood, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/18
null | 6.05% Cap Rate

10219 England Ave
Inglewood, CA 90303


HIGHLIGHTS

  • Separate meters for gas and electricity for each unit
  • On-site laundry
  • Six garaged parking spaces plus storage cabinets
  • Located within the Village Specific Plan for urban revitalization
  • Minutes from SoFi Stadium, The Forum, and the upcoming Intuit Dome

OVERVIEW

The SK Group of Marcus & Millichap is proud to present 10219 England Avenue, a 6-unit investment opportunity in The Village neighborhood of Inglewood, formerly known as Darby-Dixon. This offering consists of 4,764 square feet of rentable space. Constructed in 1955, 10219 England Avenue comprises two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Sitting on a 6,635 square foot lot, this building boasts average unit sizes of roughly 794 square feet. All units are individually metered for gas and electricity, allowing for efficient utility management. Additional amenities include on-site laundry facilities, six garaged parking spaces, and storage cabinets in the garage. Strategically located in a booming Inglewood market, the property is located within the Village Specific Plan and is zoned INM1L. The vision of the Village Specific Plan is to create a vibrant, well-integrated, and sustainable urban environment that supports a mix of residential, commercial, and community-oriented spaces. The plan aims to revitalize the area, enhance economic development, and improve the quality of life for residents. 10219 England Ave is just minutes from world-class attractions including SoFi Stadium, The Forum, and the brand-new Intuit Dome, fueling economic and culture growth.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

6

PRICE/UNIT

$258,333

CAP RATE

6.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,352 SF

ZONING

M1L, Inglewood

APN/PARCEL ID

4030-005-031

ASK ABOUT THIS PROPERTY

Sevak KeshishianThe SK Group of Marcus & MillichapMore Info
818-212-2694

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Sevak KeshishianThe SK Group of Marcus & MillichapMore Info
818-212-2694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.