Multifamily Property Near SoFi
10502 Ravenswood Inglewood, CA 90304
10502 Ravenswood, Inglewood, CA, 90304
Contact for pricing
For Sale
Contact for pricing
Pending
Three units near SoFi Stadium, ready for occupancy.
Property Size2,226 SF
Days on Market138
Property Features for 10502 Ravenswood
General Information
- Standard status
- Pending
- Size
- 2,226 SF
- Property subtype
- Multifamily
Listing Agency
First Family Homes
(562) 396-3876
Listed by
Jeannette Villegas · License #01763090
Source
Crexi
Added: Mar 3 Checked: Jul 19 at 6:16 am
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.
This multifamily property presents an investment opportunity, featuring two homes on one lot in addition to a brand-new, fully permitted Accessory Dwelling Unit (ADU). The property comprises a total of three units, offering approximately 2,226 square feet of combined living space. The front house includes 3 bedrooms and 2 bathrooms, newer windows, and a laundry area. The rear house features 1 bedroom and 1 bathroom. The new ADU has 1 bedroom and 1 bathroom, laminate flooring, kitchen cabinetry with granite countertops, a stove, refrigerator, microwave, and electric A/C. The property is conveniently located near SoFi Stadium, Hollywood Park Casino, Intuit Dome, and Kia Forum, with easy access to Los Angeles International Airport (LAX) and major freeways. The rear unit and ADU are vacant and ready for immediate occupancy.
Key Highlights
- Three units on one lot: main house, rear house, and brand‑new permitted ADU.
- Excellent investment opportunity with immediate income potential from vacant rear unit and ADU.
- Prime location near SoFi Stadium, Hollywood Park Casino, Intuit Dome, and Kia Forum.
Local Financial Insights For Apartment 5plus
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 | $50.5k | $22.68 |
| − Vacancy | −$353 | −$0.16 |
| EGI | $50.1k | $22.52 |
| − OpEx | −$22.6k | −$10.13 |
| NOI | $27.6k | $12.39 |
2,226 SF · lease $22.68/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$393.9K
$344.7K – $459.6K
NOI $27,573 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$908.2K
$794.7K – $1.06M
NOI $63,575 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Three units near SoFi Stadium, ready for occupancy.
Where is this multifamily property located?
The property is located at 10502 Ravenswood Inglewood, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Three units on one lot: main house, rear house, and brand‑new permitted ADU.; Excellent investment opportunity with immediate income potential from vacant rear unit and ADU.; Prime location near SoFi Stadium, Hollywood Park Casino, Intuit Dome, and Kia Forum.
