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    The Largest CRE Database in the US with Over 1 Million Listings

    1108 E Fairview Blvd Inglewood, CA 90302

    Sponsored
    For Sale
    $4,200,000

    MULTI_FAMILY - Inglewood, CA

    Property size:
    16,345 SF
    Lot size:
    0.70 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 28 at 12:06 am

    Property Features for 1108 E Fairview Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    INR3YY
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 20, Bedroom 7, Bathroom 8, Bedroom 13, Bathroom 6, Bathroom 4, Bedroom 3, Bathroom 11, Bedroom 4, Bedroom 18, Bathroom 1, Bathroom 5, Bedroom 6, Bedroom 12, Bedroom 11, Bathroom 12, Bedroom 2, Bathroom 16, Bedroom 19, Bathroom 18, Bedroom 10, Bedroom 9, Bathroom 10, Bathroom 17, Bathroom 20, Bathroom 9, Bathroom 14, Bathroom 7, Bathroom 13, Bedroom 5, Bathroom 15, Bedroom 14, Bathroom 3, Bedroom 15, Bedroom 16, Bedroom 17, Laundry Room, Bathroom 19
    Bedrooms
    20
    Bathrooms
    20
    APN
    4013-002-003
    Parking
    16
    Parking features
    Side By Side
    Size
    16,345 SF
    Lot size
    0.70 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1944
    Floors in Building
    1
    Number of units
    20

    We can help!

    Listing Contact
    Kenny Stevens

    Compass

    Listing agent Kenny Stevens (310) 230-5478 License #01090251

    Listing date Feb 27, 2026

    MLS# 26657619

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Inglewood Multifamily Investment Opportunity

    Located in the View Heights neighborhood of Inglewood, the property at 1105 E. Hyde Park Blvd. and 1108 E. Fairview Blvd. features 20 units situated on a 30,341 square foot site. The units are distributed across four separate structures, creating space between buildings. The property comprises 20 one-bedroom units, each with its own entrance and direct access to landscaped interior walkways. Mature trees, open lawn areas, and wide setbacks between buildings create a park-like setting. The asset is professionally managed. On-site amenities include approximately 16 parking spaces and a centrally located community laundry room. The property is comprised of multiple APNs, so there is no requirement for an on-site manager. Positioned in View Heights, the property is approximately 2.5 miles from SoFi Stadium, Intuit Dome, and the broader Hollywood Park development. Downtown Inglewood is roughly 1.5 miles away, while Edward Vincent Lugo Park is within walking distance at approximately 0.8 miles. The property is also about a 15-minute drive to El Segundo and LAX, placing residents within reach of major employment centers and entertainment destinations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.338046
    Latitude
    33.980541

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    FAQs

    What type of property is this?
    Apartment building - 20-unit multifamily property on a large lot in View Heights.
    Where is this apartment building located?
    The property is located at 1108 E Fairview Blvd Inglewood, CA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Large 30,341 SF lot in View Heights with potential for long-term land value appreciation.; - Unique park-like setting with 4 separate buildings, landscaped walkways, mature trees, and open lawn areas, creating a low-density residential feel.; - Professionally managed, ensuring consistent tenant quality and maintenance.
    (310) 230-5478
    Request Owner's contact information
    1108 E Fairview Blvd Inglewood, CA 90302
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1108 E Fairview Blvd Inglewood, CA 90302
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    We can help!
    Listing Contact
    Kenny Stevens
    Real Estate License ID: 01090251
    (310) 230-5478 (424) 284-4453 (310) 968-7005
    Learn more
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