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$ 2,100,000
Est. payment /mo
New
10215 England AVE Inglewood, CA 90303
8 Beds
8 Baths
6,140 SqFt
UPDATED:
02/10/2025 09:26 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,140 sqft
Price per Sqft $342
MLS Listing ID 25496535
Bedrooms 8
HOA Y/N No
Year Built 1955
Lot Size 0.304 Acres
Property Description
We are proud to present 10211 & 10215 England Ave, a prime 8-unit investment opportunity in The Village neighborhood of Inglewood, formerly known as Darby-Dixon. This offering consists of two adjacent parcels totaling 13,260 square feet of land. Each parcel has a 4-unit structure totaling 6,140 square feet of rentable space. The properties can be sold together or separately, offering flexibility for investors to obtain either residential or commercial financing. Built in 1955 and 1958, both properties feature all 1-bedroom/1-bathroom units, averaging roughly 705 square feet. Each property will be delivered with two vacant units, presenting an immediate value-add opportunity through interior and exterior renovations. The remaining occupied units are leased to reliable Section 8 tenants averaging $1,545 a month in rents, ensuring stable income. Pursuant to Inglewood's rent control ordinance, both properties allow annual rental increases of 5% + CPI. 10211 & 10215 England Ave share a common secure gated access in the front and rear of the properties. Tenants benefit from (8) private one-car garages with alley access, which a future investor might explore converting into potential ADUs (Buyers to conduct their own research). The units are individually metered for gas and electricity, with each unit featuring its own newer water heater, closet furnace, central air cooling, and newer doors and windows to enhance energy efficiency and tenant comfort. All six ground-floor units come with a private front yard and the two second-story units have private patios.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning R3-V
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 8.0
Garage Description 8.0
Total Parking Spaces 8
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4030005030
Special Listing Condition Standard
Listed by Sevak Keshishian • Marcus & Millichap