Three-Unit Multifamily
For Sale
$989,000
10502 Ravenswood, Inglewood, CA 90304
Two homes and a permitted detached ADU create a three-unit residential income property with separate living spaces.
Property Size2,226 SF
Price / SF$444.29
Days on Market151
Property Features for 10502 Ravenswood
General Information
Standard status
Active
Size
2,226 SF
Property subtype
MULTI_FAMILY
Additional Details
Highway Access
Yes
Building Details
Building Size
2,226 SF
Year Built
1955
Buildings
3
Listing Agency:
First Family Homes
(562) 396-3876
Listed By:
Jeannette Villegas · License #01763090
Source:
Evecap
Added: Mar 3
Changed: Jul 31
Last Checked: Jul 31 at 11:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Family Homes
Investment Insights
Based on property information with market context.
The property at 10502 Ravenswood in Inglewood includes two homes and a newly constructed detached ADU, providing three units with approximately 2,226 square feet of combined living space. The front home offers 3 bedrooms, 2 bathrooms, newer windows, and a laundry area. The rear home includes 1 bedroom and 1 bathroom.
The detached ADU features 1 bedroom and 1 bathroom, laminate flooring, kitchen cabinetry with granite countertops, a stove, refrigerator, microwave, mini-split heating and cooling, dual-pane windows, and separate gas and electric meters. The property was built in 1955 and can be delivered vacant at close of escrow. It is located near SoFi Stadium, the Kia Forum, Intuit Dome, and LAX, with access to the 405 and 105 Freeways.
The detached ADU features 1 bedroom and 1 bathroom, laminate flooring, kitchen cabinetry with granite countertops, a stove, refrigerator, microwave, mini-split heating and cooling, dual-pane windows, and separate gas and electric meters. The property was built in 1955 and can be delivered vacant at close of escrow. It is located near SoFi Stadium, the Kia Forum, Intuit Dome, and LAX, with access to the 405 and 105 Freeways.
Key Highlights
- Three units with approximately 2,226 sq. ft. of combined living space
- Front home includes 3 bedrooms, 2 bathrooms, newer windows, and a laundry area
- Rear home includes 1 bedroom and 1 bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $20.40 |
| − Vacancy | −$300 | −$0.13 |
| EGI | $45.1k | $20.27 |
| − OpEx | −$13.5k | −$6.08 |
| NOI | $31.6k | $14.19 |
2,226 SF · lease $20.40/SF/yr · vacancy 0.66% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$451.1K
$394.7K – $526.3K
NOI $31,577 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$393.9K
$344.7K – $459.6K
NOI $27,573 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$908.2K
$794.7K – $1.06M
NOI $63,575 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 90304, CA
26,058
Population
7,673
Households
3.4
Avg Household Size
33
Median Age
14%
College-Educated
56%
High-School Grad
1.6 sq mi
ZIP Area
16,286
Density / Sq Mi
$63,317
Median Household Income
$31,385
Median Earnings
$1,499
Median Rent
$696,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two homes and a permitted detached ADU create a three-unit residential income property with separate living spaces.
Where is this triplex located?
The property is located at 10502 Ravenswood Inglewood, CA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Three units with approximately 2,226 sq. ft. of combined living space; Front home includes 3 bedrooms, 2 bathrooms, newer windows, and a laundry area; Rear home includes 1 bedroom and 1 bathroom
